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Betty's Group
In this Group: Betty, Rose, Babirye, Nakato, Jenipher, Jonh, Margret, Jane, Slyvia, Hasfa, Nuulu, Swaibu*, Mustafa*
* not pictured
N. Betty is a single mother of one child and four helpless dependents. She has operated a bar business for seven years, earning her a profit of 100,000 Ugandan shillings. This bar is strategically located in Kibaati, Mubende District, with highly esteemed customer care and hygiene, thus pulling in a good number of customers.

With this loan, Betty hopes to purchase more stock; that is: beers, soft drinks like sodas, and wines in order to meet the increasing demand from her customers. This will fetch her more profits, enable her to sustain her family needs, and motivate her to go for her dream of starting up a beer depot.

Betty belongs to a group of thirteen members who hold each other accountable and insure one another in paying back the loan because they want to access the future successfully.

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
  • 327
    View loans »
    Uganda Loans Fundraising
  • $29,746,975
    Funds lent in using Kiva
  • 2,069.7
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Betty's Group's $3,700 loan helped a member to purchase more beers, wine and sodas for her bar business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2010
Listed
Apr 13, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010