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Buntuuse Farmers Group, Lugazi
In this Group: Betty, Lawrence, Cotilda, John, Dirisa, Annet, Henry, Farouk, Stephen
N. Betty has been a fishmonger in Busaale, Lugazi district, for a period of four years. She calculates that in a week she currently makes more or less 120,000 shillings. Her experience in this business has taught her that, with good communication and customer skills, one can succeed in any customer-oriented enterprise.

Betty’s dream is to own her own retail shop in the near future and also to build her own rental apartments. For now, though, her prime focus is principally on getting a loan, which she reckons will enable her to see these dreams come to pass as she buys more fish for business expansion.

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
  • 272
    View loans »
    Uganda Loans Fundraising
  • $31,081,300
    Funds lent in using Kiva
  • 2,146.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Buntuuse Farmers Group, Lugazi's $1,525 loan helped a member to buy more fish to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 2, 2010
Listed
Mar 23, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 20, 2010