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Gaudy's Group
In this Group: Gaudy, Monic, Leonia, Stuart, Sakina, Julius, Rosete, Deus, Nalongo, Enid, Abas, Abiaz, Teopista, Posiano
Gaudy is a 42 year old woman who is married with four children, ages 16 to 5 years old, and she cares for one orphan. She is a hard working and friendly lady with a retail shop as her business for three years in Kabatura Nyabubare County. Although there is a lot of competition, she is able to make 150,000/= as profits per week because of her good customer care approach. She is happy about her shop since it has provided for her family. In the future, Gaudy would like to turn her shop into a wholesale shop, as well as see all her children through school. She would like a loan to help increase the stock of goods in her shop ,so that she can make more profits.

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
  • 362
    View loans »
    Uganda Loans Fundraising
  • $30,344,450
    Funds lent in using Kiva
  • 2,082.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Gaudy's Group's $1,500 loan helped a member restocking her retail shop with more goods for increased profitability.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 18, 2009
Listed
Aug 24, 2009
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2010