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Tukole Namanyi Group, Mukono
In this Group: Hellen, Annet, Barbara, Janet, Florence, Sarah, Deborah, Florence, Grace, Sylivia, Joseph
K. S. Hellen is a determined and friendly lady. She is 32 years old and married with 3 children aged 10 – 2 years, and she takes care of her parents back in the village. She has a hardware shop in Nabuti and although her business is still small, debtors come in hence affecting her cash flow. She ensures that she has the necessary materials for sale, hence making some good profits, however she hopes to expand her business further and build rentals for increased income. Hellen needs a loan to help stock more building materials like iron sheets, iron bars, nails, cement and so on.

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
  • 111
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 1,940.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Tukole Namanyi Group, Mukono's $2,450 loan helped a member buying iron sheets, iron bars, nails, cement and so on for her hardware shop.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 9, 2009
Listed
Dec 14, 2009
Currency Exchange Loss:
Possible
Ended:
May 15, 2010