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Runyerere Bakyara Tukwatanise Group, Kihihi
In this Group: Grace, Charity, Gad, Jolly, Allen, Jack, Moses, Daniel*, Jolly
* not pictured
K. Grace, whose photo appears at the top left, is the leader of the lending group (she also appears in the group photo). She is 30 years old and a very hard working married lady with 5 children between 3 and 15 years of age. All the children are in school.

She has a business selling old clothing from Runyerere trading centre from which she is able to make 17,500 Ugandan Shillings as profit every week. She says that her biggest expense is her children’s school fees. She hopes to expand her business further by having a bigger stock of clothing so that she could save more. She knows how to handle her customers well and she needs a loan to be able to buy more used clothing for resale so that her business expands.

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
  • 359
    View loans »
    Uganda Loans Fundraising
  • $30,344,450
    Funds lent in using Kiva
  • 2,006.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Runyerere Bakyara Tukwatanise Group, Kihihi's $1,825 loan helped a member buying more clothing for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2010
Listed
Feb 25, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010