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Bushenyi United Group, Bushenyi
In this Group: Catherine, John Bosco, Molly , Florence, Elias
In Bushenyi Town, a determined and hardworking Catherine N., aged 28, operates a retail shop business selling general merchandise including basins, jerrycans, buckets, groceries, sugar, salt and more. She started this business four years ago with her own savings and every month is able to earn about 200,000 Ugandan shillings.



Catherine's main business drawback has been inadequate inventory to meet customer demand, so she seeking a loan to enable her to stock more goods and help expand her enterprise. Being very committed to her business and the provision of good customer care, Catherine hopes to increase her sales revenue and ultimately transform hers into a wholesale business that will enable her to achieve a self-sustaining life.

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
  • 2,214.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Bushenyi United Group, Bushenyi's $1,275 loan helped a member to increase the stock carried in her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2010
Listed
Aug 17, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010