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Mpasha Bamwe Group, Ibanda
In this Group: Rose, Deo, Mataya, Surait, Janet, Aventino, Mary, Edmond, Stella, Godfrey, Alex, Timothy, Grace, Moses, Innocent, Pastor, Burihari, Edson, Rose, Patrick, Bernard, Tophas
Rose A., 32, is the leader of her lending group in Ibanda. She is a determined and very hard working lady with a retail shop business that she has owned for 2 years. Before this shop business, Rose was a housewife involved in farming, until the proceeds helped her open up her retail shop.

She has been able to repay her loan with ease and she is now seeking another. She says that her good customer care and general organization have helped her succeed in business and she is now be able to make 200,000UGX as profits per month. She hopes to expand her shop further. Rose is married with 4 children aged 1-13 years, and 3 of them are in school. She also cares for 1 dependant. She has a dream of seeing all her children attend school and have the best education for self-reliance. She needs a loan to be able to restock her shop with more goods like bean seeds, maize flour, baking flour, sugar, cooking oil, bread and so on to avoid running out of stock.

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
  • 358
    View loans »
    Uganda Loans Fundraising
  • $30,352,075
    Funds lent in using Kiva
  • 1,915.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mpasha Bamwe Group, Ibanda's $4,025 loan helped a member to restock her shop with more goods.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2009
Listed
Jan 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 20, 2010