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Namilyango Farmers' Group, Mukono
In this Group: Joseph, Margaret, Jovia, Dick, James, Harriet, Teopista, John, Judith, Emma
N. Margaret is 47 years old and married with 7 children aged 25 - 13, with the eldest having a certificate in education while the youngest is in Primary five. Margaret also takes care of 2 orphans. Margaret has had a retail shop in Namilyango Kasenyi for 20 years and she is able to make some profit although the prices of basic items are expensive. She is good at her customer care skills and would like to expand her shop to have more goods for sale and to help educate her children so that they become better off. Margaret needs a loan to be able to buy more stock since this will boost her business, especially during the festive season where the consumption is very high. Margaret is really a hard working and friendly lady.

(N. Margaret appears in the small photo, just like in the big photo and she is the leader of her lending group). If photo is much bigger, all faces are clear yet a bigger photo can not upload on the website.

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
  • 291
    View loans »
    Uganda Loans Fundraising
  • $31,089,375
    Funds lent in using Kiva
  • 1,907.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Namilyango Farmers' Group, Mukono's $1,750 loan helped a member restocking her retail shop with more merchandise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 9, 2009
Listed
Dec 28, 2009
Currency Exchange Loss:
Possible
Ended:
May 15, 2010