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Turibamwe Womens Group, Ibanda
In this Group: Florence, Jane, Agnes, Venansio, Keneth, Apollo, Jadress, Samuel, Samuel*, Peninah, Bonny*, Caroline, Jennifer
* not pictured
K. Florence is a 39-year-old married woman with four children, all of whom attend primary school. She has been operating a retail shop in Kitongore, Ibanda district for close to two years and she currently generates profits to the tune of 50,000 UGX per week. In a month, she believes that her profits could triple. Since the inception of her business, her set goal has always been to dispense with poverty. K. Florence is a hard working and diligent woman who hopes to expand her retail trading activities once she can get a loan. She is the leader of her lending group and appears in the small photo at the top left of the group photo.

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
  • 284
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,016.6
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Turibamwe Womens Group, Ibanda's $3,875 loan helped a member to buy more goods to increase the stock of her retail shop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 3, 2010
Listed
Mar 15, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2010