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Bakyara Tutungukye Group, Ibanda
In this Group: Jesca, Monoc, Rosemary, Geogeus, Dorah, Valeria, Desiranta, Maria, Maria, Edith, Annet, Judith, Valentine, Thomas
K. Jesca is a married mother with 7 children and she also takes care of three dependents. She has a restaurant business in Rwomuhoro Trading Center where she is able to generate 150,000/- as monthly profits. She has had the restaurant for 15 years and her biggest challenge has been having few customers but because of her good customer relations, she has been able to win many over to her side amidst stiff competition.

Jesca's dream is to have a better equipped restaurant and educate all her children. This loan is to help Jessica with paying rent as well as buying more hotel equipment.

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

  • $1,800
    Average annual income
  • 312
    View loans »
    Uganda Loans Fundraising
  • $30,637,850
    Funds lent in using Kiva
  • 2,253.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Bakyara Tutungukye Group, Ibanda's $2,000 loan helped a member paying rent and buying other hotel equipment like plates and forks.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 2, 2010
Listed
Jul 27, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011