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Bunawona Group 2, Kayunga
In this Group: Susan, Zubaili, Ruth, Josephine, Annet, Goefrey, Margaret, Peter, Evone, David, Moses, Ronald, Luwabira, Reginah
To have any sort of future success in her retail shop business, 28-year-old K. Susan knows it’s incumbent upon her to keep planning and to constantly restock. That is a magic formula to success, especially with retail enterprises.

Susan says she read the parable about talents in the bible that says most people lack the confidence to do something because they are afraid of failure. She says she chose to make an exception to that parable, well knowing she had confidence and that courage of conviction succeeds in any undertaking.

Susan is a good-natured married woman with three kids who all attend school in Bunawona. Her customers cut across all levels but it’s mostly the lowest common denominators who are her patrons. In a week her profits add up to 180,000 shillings. She also gets some profits from a poultry business.

With this loan Susan wants purchase goodies like salt, bars of soap and maize flour 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
  • 224
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,205.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Bunawona Group 2, Kayunga's $2,875 loan helped a member to purchase more salt, bags of soap and maize flour for her shop.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2010
Listed
Aug 14, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010