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Rwakitami Bakyara Women's, Ntungamo Group
In this Group: Margret, Betty, Grace, Mable, Alice, Harriet, Molly, Jackline, Joselyn, Loy*
* not pictured
Operating a produce business has really improved the living conditions of Margret N., a 58-year-old married mother of three children. Formerly in the farming business, for the past nine years Margret has operated a food produce enterprise selling products including beans, millet, sorghum, and maize in Rwentobo, enabling her to earn 400,000 Ugandan shillings on a monthly basis.



Margret works hard to meet her family responsibilities which include paying the school fees for her children and other necessities with help from her husband. To enlarge the scale of her business, she is requesting a loan to buy a larger stock of goods. This will enable her to increase her sales and live a more sustaining life as she looks to further business expansion and building a store.

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
  • 162
    View loans »
    Uganda Loans Fundraising
  • $28,315,525
    Funds lent in using Kiva
  • 2,198.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Rwakitami Bakyara Women's, Ntungamo Group's $1,175 loan helped a member to purchase a larger stock of goods for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2010
Listed
Aug 11, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010