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Bisheshe Kweterana Group, Ibanda
In this Group: Patience, Joly, Joy, Tabarako, Valerian, Fred
A. Patience is a good person. She appears at the top left and in the group photo. She is the leader of her lending group in Ibanda. She is 47 years old and married with two children aged 8 and 3 years. She also takes care of three other children. Patience has had a retail shop in Bisheshe Trading Centre for five years now. She sells general merchandise that helps to bring in an income for business growth and enables her to save. She works so hard to ensure that her children attain the best education so that they become self-sustaining in the future. She needs a loan to be able to recapitalize her shop with more goods for increased sales.

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
  • 361
    View loans »
    Uganda Loans Fundraising
  • $29,766,150
    Funds lent in using Kiva
  • 2,007.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Bisheshe Kweterana Group, Ibanda's $1,475 loan helped a member to purchase more goods for her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2010
Listed
Feb 24, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 20, 2010