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Akutwala Ekiro Group Of Mityana
In this Group: Dominic, Rose, Ali, Abdul, Joyce
N. Rose’s affable nature has been her winning card in the twenty-seven years she has been operating her small kiosk business where she sells foods and snacks as well as other cold drinks like sodas and passion juice in Kyadondo, Mityana. Her experience in this business has taught her to value that virtue of being cordial to clientele in whatever genre of business one operates. Given the nature of her business where competition is cutthroat, this attribute has come in really handy.

The 67-year-old mother of five divulges that, on the basis of her good human relationship skills, she has been able to make commendable strides in the improvement of her family’s welfare ever since she began her business. On a weekly and monthly basis Rose says she makes 25,000 and 100,000 shillings respectively. With this amount of money, she has managed to educate all five of her children.

Rose’s future plans are to elevate her financial status through the expansion of her business. With this loan she says she wants to buy new furniture for her kiosk and also expand her operating area.

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
  • 147
    View loans »
    Uganda Loans Fundraising
  • $28,315,525
    Funds lent in using Kiva
  • 2,070.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Akutwala Ekiro Group Of Mityana's $1,025 loan helped a member to purchase new furniture for her kiosk especially for the clients that eat from her kiosk.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2010
Listed
Apr 19, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010