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Omwavu Teyebaka Group-Kampala
In this Group: Ayoo Polline, Abraham, Grace, David*, Agatha, Agnes, Vicky, Rebecca, Roselyn
* not pictured
45 year old O. Ayoo Polline says she has made strenuous and concentrated efforts to make her decade long restaurant business in Kampala a success, notwithstanding the competition and operational cost challenges that she has had to grapple with. To avoid courting failure in business, she has made the best of these hard bargains. Her business start up story began with a food vending business. It’s with savings from this that she began her current business. In a month, she makes 200,000 shillings as profits and with this loan she wants to buy more food supplies for her restaurant. This is her sole business and hence puts a lot of effort for it's continued success.

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
  • 285
    View loans »
    Uganda Loans Fundraising
  • $31,111,650
    Funds lent in using Kiva
  • 2,216.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Omwavu Teyebaka Group-Kampala's $3,250 loan helped a member the purchase of more food supplies for her restaurant.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2010
Listed
Aug 16, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011