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Wakiso Women's Group, Lugazi
In this Group: Cotrida, Florence, Elizabeth, Safina, Rose, Josephine, Prossy, Jane, Mercy
Cotrida N. is a good-humored 43-year-old married woman with seven children who take after her character. She has a pedigree of not being half-hearted in whatever she gets her hands on. It’s for that reason that her eight-year-old retail shop in Wakiso is a melting pot of customers intent on partaking of her good service and bonafide goods.

Cotrida has been downright hardworking ever since she began her business. Her high spirited children are now all in school as a result of her devotion to her work. In a month she makes profits amounting to 150,000 shillings.

Cotrida’s dream is to broaden her business to become a wholesale operation. With this loan she wants to buy retail merchandise, to wit: flasks, flashlights, exercise books and sugar.

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
  • 291
    View loans »
    Uganda Loans Fundraising
  • $31,089,375
    Funds lent in using Kiva
  • 2,085.8
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Wakiso Women's Group, Lugazi's $3,075 loan helped a member to buy new retail merchandise to help her in her quest to go wholesale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2010
Listed
Apr 21, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010