Check out some available loans that are similar to this one!
Mwino Akuwa-Jinja Group
In this Group: Judith, Eva, Nulu, Betty, Wallen, Hajirah, Florence, Aisha, Beatrice, Hamuza, Stuart, Resty, Margret, Alice, Moses, Lydia, Peter, Ruth
32 year old Judith E. began her 3 year old retail business in Mpumudde-Jinja with her own savings. She was started in the bakery business but in the course of time, she changed businesses. She has established a niche for herself in her local area and as a result her clientele (who are mostly the local community members), are now accustomed to her good humored nature. Judith has a good reputation and has made a favorable impression on most of her customers.

In a week, she makes 120,000 shillings out of her retail enterprise. With additional profits from her commercial motorcycle and taxi businesses, she earns a good profit at the end of every week. With this loan, she wants to purchase more bags of sugar, salt and utensils for her shop. She reckons she will resell this and strengthen her profit base.

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
  • 104
    View loans »
    Uganda Loans Fundraising
  • $28,637,175
    Funds lent in using Kiva
  • 2,254.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mwino Akuwa-Jinja Group's $4,875 loan helped a member the purchase of more retail items such as sugar, salt and sugar for resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2010
Listed
Jul 23, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011