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Bring Ambercourt To Unite Group 5, Jinja
In this Group: Aisha, Florence, Silver, Scolastica, Rebecca, Robina, Grace, Rehema, Sarah, Jane, David, Mwajuma, Jane, Jane, Joy, Asumani
With a produce-selling business one is guaranteed a ready market, depending on how persuasive one is. That’s what diligent and affable 30-year-old N. Aisha has found out in her ten years experience running her business. She has, for the most part, been selling cassava, bananas and potatoes.

Aisha’s business in Amber Court market, Jinja, has had its fair share of troubles but Aisha has not buckled under the pressure, knowing what is at stake in reference to her family’s welfare. She has five children to take care of and all her children are in school, though at first glance, her paltry profits of 45,000 shillings a week would make one think she is incapable of handling her family tasks.

Aisha was introduced to her business by a close friend and, like any other business, the start was tough as Aisha did not have sufficient capital to buy all the crops she wanted to sell. With a decade's experience behind her, Aisha's optimism is sky high. At first,she was selling only bananas but, at length, she realized she had to diversify into selling other highly favored foods, too.

Aisha is looking at expanding her business with this loan. That, in essence, means buying produce like bananas, cassava and potatoes that she intends to sell. She is elated that she is going to establish a strong niche for herself after she gets this 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

  • $1,800
    Average annual income
  • 289
    View loans »
    Uganda Loans Fundraising
  • $30,725,575
    Funds lent in using Kiva
  • 2,287.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Bring Ambercourt To Unite Group 5, Jinja's $2,150 loan helped a member to buy more produce like bananas, cassava and potatoes to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2010
Listed
Jun 10, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2010