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Banda Development Group 1, Mukono
In this Group: Deborah, Charity, Elinah, Alice, Alice, Jesca, Rogers, Salima, Margaret, Eunice, Sarah, Christine, Sarah, Grace, Rose Mary
K. Deborah is a 47-year-old approachable and married mother of five school-going children. She runs a stationery shop and a clothing boutique in Banda, Mukono district.

Deborah has been operating her businesses for the last six years. A problem of street hawkers (vendors) dissuading her prospective clients is one she has had to come to grips with in this course of time. As a result, she has experienced a significant drop in her finances over some period of time.

Deborah reckons she makes close to 400,000 shillings a month. What has made her last in her business has been the good rapport she has struck with her remaining loyal clients. Her dream is to expand her boutique. She says this loan will help her maintain her stationery shop with more stock.

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
  • 258
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,111.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Banda Development Group 1, Mukono's $2,900 loan helped a member to buy more stationery and clothes for resale in her businesses.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2010
Listed
Mar 21, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010