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Namanve Group Of Mukono
In this Group: Sarah, Mariam, Hadijah, Yusuf, Anita, Alex
If parallels are drawn in comparing this 35-year-old’s status to many of Kampala’s wealthy boutique owners, they would show a great contrast in terms of financial gains. While the boutiques in Kampala drive roaring trades, this hardworking woman faces a daily formidable uphill task of maintaining afloat her three-year-old boutique business in Kirangira in Mukono district, on a modest monthly budget of 80,000 shillings.

N. Sarah’s belief in her own worth has not dampened, however, despite this insufficiency in her business profits. She knows she has two school-going children to take care of. Her husband of seven years also relies on her. With a loan, she is optimistic her prospects will improve, as she says she will be able to restock her boutique with new and high-quality garments for all different categories of her customers.

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
  • 312
    View loans »
    Uganda Loans Fundraising
  • $30,637,850
    Funds lent in using Kiva
  • 2,060.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Namanve Group Of Mukono's $1,075 loan helped a member to rejuvenate her bontique with new stocks of ladies', gents' and children's garments.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2010
Listed
Apr 1, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010