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Akwata Empola Gambwa Womens Group 2-Mityana
In this Group: Silvester, Koyada, Joan, Hamidu, Simon, Paul, Esther, Aidah, Prossy, Lukia, Isaac*, Aloysious*
* not pictured
B. Silvester, 42, has subsisted on earnings from his seven-year-old retail shop to care for his family’s welfare. The business, which brings in 250,000 shillings per month, has enabled this married father of six to make ends meet. It’s with savings from his erstwhile farming business that Silvester began his retail business. His customers vary from the very poor to middle-class people around Gambwa-Mityana. With this loan, this hard-working gentleman wants to purchase bags of sugar, salt, plastics, and maize flour in bulk to resell at retail.

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
  • 229
    View loans »
    Uganda Loans Fundraising
  • $29,081,275
    Funds lent in using Kiva
  • 2,205.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Akwata Empola Gambwa Womens Group 2-Mityana's $4,275 loan helped a member the purchase in bulk of items such as maize flour, bags of sugar, plastics, to resell at retail.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2010
Listed
Aug 5, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010