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Ishongororo Twekundire Group
In this Group: Jane, Aggrey, Enid, Hakim, Wilson, Banard, Rashid*, Aidah, Deus, Sawuya, Jackline, Jesca*
* not pictured
Hard working R. Aidah, aged 48 years, started her retail shop business ten years ago. Being strategically located in Kakinga trading centre, Ishongororo, she gets many customers, earning her a profit of 60,000 Ugandan shillings monthly. Aidah’s main drawback is having a small amount of stock that cannot match the demand from her customers.

With this loan Aidah hopes to buy more stock for her business. This will help her expand her market and also earn more sales revenue to cater for the requirements of her three children, who are still undergoing school, and also be able to progress economically.

Aidah belongs to a group of twelve members who are on their 9th loan. They hold each other accountable and insure each other in paying back the loan.

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
  • 287
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,100.8
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Ishongororo Twekundire Group's $4,325 loan helped a member to buy more stock for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 15, 2010
Listed
Apr 13, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010