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Omukayembe Bakyara Group, Kyenjojo
In this Group: Lydia, Josline, Evaline, Jonathan, Purikiseda, Lakeri, Perepetwa, Catherine
K. Lydia is 50 years old and married with 6 children. Three are still in school and she takes care of three dependants. Lydia is a business lady selling produce from Mukayembe Trading Centre for four years. At the start of her business, people sold maize, but now things are changing, and she is changing too. She now sells other produce, like matooke and cassava, too. Lydia is able to make a 25,500 profit per week. She says that this is mostly attributed to the location of her business, and in the future, Lydia would like to become a wholesale supplier of produce. She needs a loan to be able to purchase maize grains to increase her existing capital and make some more profit for school fees. Lydia is so friendly and would like to see that her children are well off.

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
  • 293
    View loans »
    Uganda Loans Fundraising
  • $31,055,375
    Funds lent in using Kiva
  • 1,920.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Omukayembe Bakyara Group, Kyenjojo's $725 loan helped a member purchasing more maize grains for increasing capital.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2009
Listed
Dec 17, 2009
Currency Exchange Loss:
Possible
Ended:
May 15, 2010