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Step By Step Group, Mukono
In this Group: Madrine, Mariam, Saudia, Beat, Kulusum, Mariam, Robert, Hadijja, Charles*, Mastitula, Peninah, Susan, Halima*, Christine
* not pictured
38-year-old N. Madrine has, for the last fourteen years, been going out of her way to obtain a firm footing in a competitive farming business in Kitega in Mukono. She mostly grows and sells mushrooms and, if it was not for her hard work, she would almost be courting failure after fourteen years. Her sense of determination meant she had to embrace an “all hands to the plough” approach to come to grips with the ominous odds that presented themselves in her mushroom farming business.

Madrine is at a point in her business where her resilience and experience are, to all intents and purposes, winning. With profits from her business, she has been able to shoulder all her family responsibilities. Every month her business generates her profits to the tune of 200,000 shillings. She also ekes out profits from rental apartments she constructed with her husband.

With this loan, Madrine is looking at buying more mushroom seedlings.

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
  • 159
    View loans »
    Uganda Loans Fundraising
  • $28,708,675
    Funds lent in using Kiva
  • 2,289.7
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Step By Step Group, Mukono's $2,775 loan helped a member to purchase more mushroom seedlings.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 7, 2010
Listed
May 31, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2010