Check out some available loans that are similar to this one!
Gakuweebwa Munno Developement Group, Mityana
In this Group: Joelia, Annet, Resty, Scovia, Robinah*, Bena, Catherine, John
* not pictured
40,000 shillings as weekly profits for a retail business operating in a far off distant metropolis like Mityana is not a bad bargain, given the lower operational costs one incurs in comparison to more expensive places like Kampala. The example of 34-year-old N. Joelia, who has for the last two years been operating her retail shop in Mityana town, is testament to that. The good rapport Joelia has struck with her existing and new customers has been her winning magic formula.

This married mother of four has come quite a long way in establishing a firm foothold in her business. She used profits from this business to improve her family’s welfare in a relatively short period of time. With this loan, she wants to buy more general merchandise for her enterprise. For the most part, she wants to buy bags of rice, plastics goods and edibles to sell.

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
  • 2,253.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Gakuweebwa Munno Developement Group, Mityana's $1,300 loan helped a member to purchase bags of rice, plastics goods and edibles to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 1, 2010
Listed
Jul 27, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010