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Prossy's Group
In this Group: Prossy, Annet, Christine, Catherine, Sarah, Yasin, Tezira, Yandu, Jamil, Lydia
Z. Prossy is a 38-year-old married mother of five children, aged 16 – 6 years as she helps to take care of 1 orphan. She has owned and operated a retail grocery shop for 8 years and she is happy to say that her shop is doing so well with the help of loans. She is able to have plenty to sell hence making some good profits that have enabled her to take care of her family for all this long. She needs a loan to be able to save some more money to be able to buy a plot of land so that she and her husband could be able to construct a presentable family house for her children.

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

  • $1,500
    Average annual income
  • 311
    View loans »
    Uganda Loans Fundraising
  • $29,253,525
    Funds lent in using Kiva
  • 2,055.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Prossy's Group's $3,575 loan helped a member restocking her retail shop with more sugar, cooking oil and other confectionaries once given a loan.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 4, 2009
Listed
Aug 21, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010