Check out some available loans that are similar to this one!
Rubimbiri Bakyara Tukore Group, Ntungamo
In this Group: Alice, Enid, Edith, Grace, Enock, Evas, Elvaida*
* not pictured
On the face of it, K. Alice is a hard-grinding business lady. The 50-year-old married mother of five school-going children sweats her guts out buying and selling animals like cows as well as selling milk from the cows and selling matooke (green plantain) from her plantation. She operates in the small rural area of Rubimbiri, Ntungamo district, and she has been doing this for the last ten years.

Alice is able to make 450,000 Ugandan shillings monthly. This is quite modest by any standards and, as such, she requires a loan that will help her buy more cows for her business. Then she will be able to meet her customers’ demand and also earn more revenue.

Alice belongs to a group of members and they 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

  • $1,500
    Average annual income
  • 241
    View loans »
    Uganda Loans Fundraising
  • $30,254,725
    Funds lent in using Kiva
  • 2,274.6
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Rubimbiri Bakyara Tukore Group, Ntungamo's $725 loan helped a member to buy more cows to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 21, 2010
Listed
May 25, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010