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Karambi Tutengukye Group, Ibanda
In this Group: Jessica, Matiah, Grace, Dennis, Godfrey, Edward, Julius, Alex, Brighton, Grace, Sudhir, Richard, Samuel, Florence, Gideon, Beatrice, Vangi, Wilson
Jessica K. is a hard working and devoted lady, living in the Kancinga trading centre in Ibanda. Jessica runs a shop and hotel that have been running mostly with the help of her loans. She has been able to restock her shop with more goods because of past loans she has received.

Jessica is married and her husband is a farmer with plantations, cows and goats with a family livestock enclosure. Jessica needs a loan to be able to recapitalize her businesses.

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
  • 214
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 1,935.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Karambi Tutengukye Group, Ibanda's $5,000 loan helped a member restocking her shop and hotel with more food stuffs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 26, 2009
Listed
Dec 14, 2009
Currency Exchange Loss:
Possible
Ended:
May 15, 2010