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Kagongi B.t Group, Ntungamo
In this Group: Mable, Joy, Loyce, Benson, Amos, Rhoda, Lauben, James, Kellen*
* not pictured
M. Mable is 31-years old and married with four children aged 6 – 11, all of whom are in primary school. M. cares for five dependants. She has operated a hotel and bar business, and she sells cooked food, beers, sodas and wines. She would like to expand her business and turn her bar into a depot. She hopes to see her children attain the best of education for self sustainability and a brighter future. Mable is requesting a loan to purchase more food stuffs so she can increase her stock and profits. She is the leader of her lending group and a very friendly and hard-working lady.

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
  • 1,885.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kagongi B.t Group, Ntungamo's $2,625 loan helped a member to purchase more stock.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2009
Listed
Dec 13, 2009
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2010