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Mirembe Kikooza Development Group-Mukono
In this Group: Annet, Saida, Annet, Philip, Harriet, Rose, Sophia, Teopista, John Elly, Samuel, Hellen*, Mariam
* not pictured
It has been four years since N. Annet, age 34, began her food sales business in Kikooza-Mukono. With profits from this business, she has catered to her family's needs to the fullest. She attributes her business' longevity to her good relationship skills, especially when transacting business with her clients. Her main challenges have manifested themselves mostly during the rainy seasons, when prices of most of her cash crops fluctuate. In a week, she makes profits to the sum of 100,000 shillings. With this loan, she wants to buy in bulk more profitable agri-produce like cassava, maize and coffee, that she will later resell.

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
  • 257
    View loans »
    Uganda Loans Fundraising
  • $29,230,350
    Funds lent in using Kiva
  • 2,254.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mirembe Kikooza Development Group-Mukono's $1,675 loan helped a member the purchase of more profitable cash crops, like coffee and cassava, that she will resell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2010
Listed
Jul 23, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010