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Kyaitamba Tweyambe Group
In this Group: Kenneth, Rauben, Justus, Resty, Christopher, Annet, Edson, Everasto, Geofrey, Festo
Annet is a 35-year-old woman and a single mother. She heads a family of six people living in a house Annet has constructed through her own efforts. She operates a restaurant in which she sells food and drinks. She has been in the business for the last five years. Before starting her business, Annet was working for a plantation as a casual labour. She says prospects are promising and she hopes to see her business progress to the next level.

Annet is a member of the group called "Kyaitamba Tweyambe". There are 10 members with two women and eight men. This is a solidarity kind of borrowing where each of the members is a guarantor to the others to ensure that they all meet their obligations on time and in equal amounts. This is the group’s first loan cycle, and Annet intends to use the loan funds to purchase wheat flour to make mandazi (a donut-like pastry) for her restaurant business. In the picture, Annet is raising her arm.

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
  • 217
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,252.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kyaitamba Tweyambe Group's $800 loan helped a member to purchase wheat flour for her restaurant to make "mandazi".
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2010
Listed
Jun 26, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010