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Balyewunya Group 2, Mukono
In this Group: Stella, Sarah, Beatrice, Margaret, Eva, Mayimuna, Justine, Sanyu, Norah, Tonny*
* not pictured
S. Stella is 44 years old and married with 4 children aged 18 – 8 years. She is a property manager selling plots of land, houses, and those for rent. At the same time, she is also a farmer with plantations as well as having cows and goats at her homestead. She has been in business for 10 years and she is able to pay school fees for her children plus taking care of their general welfare. She needs a loan to be able to buy a plot of land where she will keep her animals.

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
  • 416
    View loans »
    Uganda Loans Fundraising
  • $30,366,425
    Funds lent in using Kiva
  • 1,940.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Balyewunya Group 2, Mukono's $2,650 loan helped a member buying a plot of land for animal-raising.
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