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Bugoba Group, Mukono
In this Group: Justine, Falida, Betty, Jalia, Fred, Luggya, Jane
K. Justine is the leader of her lending group in Mukono. She is 26 years old and married with one child aged 3 years. She has a bar business in Seeta that she has been running for some time now and she is grateful that with the help of loans. K. Justine is now able to make 140,000 as weekly profits which was not the case before the loans. Justine sells beer, sodas, wines and other brews and she hopes to expand her business further to be able to make more profits. Justine needs a loan to be able to restock her bar with more crates of beer, soda, mineral water and wines.

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
  • 248
    View loans »
    Uganda Loans Fundraising
  • $28,973,325
    Funds lent in using Kiva
  • 1,934.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Bugoba Group, Mukono's $1,975 loan helped a member buying more crates of wines, beer and sodas for resale.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 7, 2010
Listed
Jan 19, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2010