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Bukasa Development Group, Mukono
In this Group: Teddy, Edward, Sarah, Patrick, Jane, Stella, Molly, Venny, Robinah, Teo
The leader of this loan group, Teddy N., is 37 years old and a single mother of three children ages 10, 15 and 19. All of her children are in school, and Teddy also cares for her parents. For the last four years, she has made a living running a canteen in Bukasa where she sells fresh greens and other produce, sugar, bread, salt, cooking oil and other items that her customers need. This is the second loan Teddy has applied for from Pearl Microfinance, and she will use it to restock her canteen with more goods.

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

  • $1,800
    Average annual income
  • 223
    View loans »
    Uganda Loans Fundraising
  • $32,048,400
    Funds lent in using Kiva
  • 1,934.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Bukasa Development Group, Mukono's $2,775 loan helped a member to restock canteen with items such as fresh greens.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Jan 7, 2010
Jan 19, 2010
Currency Exchange Loss:
May 15, 2010