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Kiwanga Twegatte Group, Mukono
In this Group: Agnes, Maria, Robina, Madina, Mary, Medrina
B. Agnes is the leader of her lending group in Mukono. She is a single mother of three children. Two of her children are in school and the other is a baby. She also takes care of one dependant. Agnes has had a salon in Kiwanga for five years doing both women and men’s hairstyles. Ever since she started using loans in her business, Agnes has been able to grow her business. She makes more profit compared to the time before the loans. She needs a loan to be able to restock her salon with more hair oils, weaves, hairpieces and chemicals so that she can treat her customers to their satisfaction.

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
  • 228
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 1,910.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kiwanga Twegatte Group, Mukono's $1,825 loan helped a member to restock her salon.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2009
Listed
Jan 7, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2010