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Teddy's Group
In this Group: Teddy, Norah, Esau, Saban, Ivan, Wilson, Alex, Robert, Robert, Alice, Gorret, Moses, Yasin, Paul, Godfrey*, Florence, Francis*
* not pictured
M. Teddy is the leader of her lending group in Ibanda. She is a hard working businesswoman who has had a business selling matooke (plantain) from Katojo Cell for seven years. She is married with seven children and they are at the university and in secondary schools. Her business profits of 170,000/= a month give her a chance to pay their school fees.

Teddy ensures that she has good produce for sale and this gives her a chance to maximize her products depending on her stock and capital. She would like to make more profits as well as have a happy and healthy family.

Teddy needs a loan to be able to improve on her banana plantation by buying manure and fertilizer for a better output. She is grateful for the previous loans because they have helped so much in her business and family welfare.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Uganda

  • $1,800
    Average annual income
  • 240
    View loans »
    Uganda Loans Fundraising
  • $31,040,150
    Funds lent in using Kiva
  • 2,060.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Teddy's Group's $2,000 loan helped a member to buy manure and fertilizer for her banana plantation.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2009
Listed
Aug 18, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010