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Kweyamba Women's Namawojjolo 2, Lugazi Group
In this Group: Daisy, Haawa, Prossy, David, Docus, Steven, Josephine, Magret
N. Daisy is a 28-year-old mother of one, operating a business selling soft drinks in Nawawojjollo, Lugazi. A friend helped her to start up in business after she prevailed upon her to dispense with the idea of depending wholly on her husband for everything.

Daisy has been running her business for the last two years and, in a sense, has been successful in as far as making her business function well. Her close personal involvement and proactivity in the decision-making processes aimed at helping her business grow, have been her towers of strength. In a week, her business generates her profits that total up to 35,000 shillings.

With this loan, Daisy envisages being in a position to buy more soft drinks and bottled fruit juice for her business. She will resell it to earn more revenue.

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
  • 351
    View loans »
    Uganda Loans Fundraising
  • $29,766,150
    Funds lent in using Kiva
  • 2,243.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kweyamba Women's Namawojjolo 2, Lugazi Group's $1,450 loan helped a member to buy more soft drinks like sodas and bottled fruit juices to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2010
Listed
Jul 29, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010