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Nezikokolima Group, Lugazi
In this Group: Yeko, Daisy, Phoebe, Benna, Betty, Wilson, Sarah, Isa, Teo, Patrick, Gertrude, Juliet, Robinah
N. Yeko is the leader of her lending group in Lugazi. She is a hard-working business lady who has been selling agricultural products, such as matooke and sweet potatoes, for so long! Yeko started on a very small scale in the Lugazi Central market but, at the moment, she is able to make decent profits. She says that her loans enable her to stock quality produce for her customers and as a result, she gets more profits. Yeko needs a loan to help increase the capital in her business so that she is able to buy more produce to resell, especially now when the consumption rate is high.

She is a member of a group, each requesting a loan.

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
  • 190
    View loans »
    Uganda Loans Fundraising
  • $29,133,525
    Funds lent in using Kiva
  • 1,920.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Nezikokolima Group, Lugazi's $3,925 loan helped a member buying more matooke for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2009
Listed
Jan 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2010