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Gertrude's Group
In this Group: Gertrude, Sophia, Rebecca, Aisha, Florence, Faith, Teo, Mary Florence, Annet, Potias, Michael, Joseph, Padde, Maria, Rhamanzani, Medadi, Federesi, Sam
N. Gertrude is the leader of her lending group in Mubende. She is 45 years old and married with 6 children aged between 28 – 12 years and she takes care of 2 other dependents. She is a businesswoman with a retail shop in Kyenda, Kitenga subcounty that she has been running for 5 years and she is able to make reasonable profit that helps to look after her family and put aside some savings. She is a friendly and hard-working lady and this is key in her good customer care skills. She needs a loan to be able to pay her children’s school fees and for restocking her shop with more products.

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
  • 313
    View loans »
    Uganda Loans Fundraising
  • $30,637,850
    Funds lent in using Kiva
  • 1,950.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Gertrude's Group's $5,000 loan helped a member paying school fees for her children and restocking her retail shop.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 3, 2009
Listed
Sep 19, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010