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St. Gozanga Women's A, Mubende Group
In this Group: Rose, Ronald, Grace, Paul, Alex, Matia, Benon, Alex, Rosemary, Judith, Christine, Juliet, Isaac, Monday, Juliet
N. Rose has been selling new garments from Mubende trading centre for ten years. She also sells clothes in monthly and weekly markets in the area.

From her clothes sales, Rose earns 400,000 Ugandan shillings on a monthly basis. This has even inspired her to invest more into the business. Having had a dream to own a clothes business, it is for this reason that she wants to get this loan to improve her financial prospects by restocking her business with attractive materials.

By her own account, the future of her business is promising and this will see her earn more revenue as she manages to maintain her customers by doing timely shopping for them. With the loan, she wants to purchase more garments to give her business a new lease of life, which will improve her sales revenue and enable her to take care of her family.

Rose belongs to a group of members who hold each other accountable in paying back the 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

  • $1,500
    Average annual income
  • 150
    View loans »
    Uganda Loans Fundraising
  • $28,666,600
    Funds lent in using Kiva
  • 2,255.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of St. Gozanga Women's A, Mubende Group's $4,725 loan helped a member purchase of bales of clothes for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2010
Listed
Jul 24, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010