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Kashozi Bahingi Twetungure Group, Bushenyi
In this Group: Annet, Nantrius, Jackson, Brazio, Aaron, George, Donato, Innocent, Bernald, Robert, Edison, Alex, Kazoora, Giligori, Alex, Abel, William, Alice, Grace, Jonas
T. Annet (shown inset as well as in the main photograph) is the leader of her lending group in Bushenyi. She is 32 years old, married, and has five children aged three to fourteen. For the past seven years, Annet has had a retail shop business in Nyamiko Kigoma trading center. She sells mostly general merchandise such as sugar, salt, soap, cooking oil and muffins. The sustainability of her business is mostly attributed to her good customer care – she is a very friendly woman – and the help of loans. Annet hopes to own the biggest and main shop in her village in order to increase sales and have an educated family. At the moment, she is requesting a loan to buy more stock for her shop.

Note: The second lady from the left in the larger photograph is a member of another Pearl Microfinance loan group currently raising funds on Kiva and hence is not considered for this loan group.

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
  • 161
    View loans »
    Uganda Loans Fundraising
  • $28,340,250
    Funds lent in using Kiva
  • 2,007.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kashozi Bahingi Twetungure Group, Bushenyi's $3,325 loan helped a member to restock her shop with more merchandise.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2010
Listed
Feb 25, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010