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Kigunga Twezimbe Group, Lugazi
In this Group: Betty, Jane, Wilson, Margaret, Samuel, Kintu
N. Betty is the leader of her lending group in Kigunga, Mukono. She is a widow with three children who go to school. She also takes care of two dependants, one of whom is an orphan. Betty is a business lady who has been involved in the sale of fruits and vegetables from Nakawa for eight years. She is able to make a profit of 40,000/= a week. She buys her stock from the farmers and sells to retailers. It’s due to her trustworthiness that she is successful. In the future, Betty needs to have a retail shop in addition to her current business to earn more income. She needs a loan to help with buying more supplies like tomatoes, onions, yellow bananas, and with paying for her children’s school fees.

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
  • 313
    View loans »
    Uganda Loans Fundraising
  • $29,712,250
    Funds lent in using Kiva
  • 1,920.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kigunga Twezimbe Group, Lugazi's $1,250 loan helped a member to buy more produce and pay school fees.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2009
Listed
Jan 17, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2010