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Roy's Group
In this Group: Roy, Suzan, Nulu, Robinah, Jane, Jacklyne, Jane, Ruth, Ruth, Barbara
Roy Z. is the leader of her lending group in Mukono. She is a married lady with three children all in school, and she takes care of seven dependants. She has a boutique on Bugerere Road that she has been operating for 10 years and she is able to make 100,000 UGX as profits every week. This helps her to support her family, along with her husband who also helps a lot. She sells ladies’, children’s and men’s clothing and she would like to include tailoring in her offerings so that she can sell some of the clothes she makes in her boutique as well as taking orders from other customers. She needs a loan to be able to buy more clothes for her boutique.

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
  • 372
    View loans »
    Uganda Loans Fundraising
  • $30,352,075
    Funds lent in using Kiva
  • 1,910.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Roy's Group's $1,575 loan helped a member buying more clothes for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2009
Listed
Jan 8, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2010