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Mairo Mbili Drivers Association Group 1-Jinja
In this Group: Regina, Jamilu, William, Musa, Saleh, Sam, Richard, Musa, Ronald*
* not pictured
She is an industrious lady who has been at the helm of a six-year-old beauty salon business in Jinja. Running a business like this requires making continuous audacious decisions and that is exactly what M. Regina has been doing. Her set objective has always been to see her business get into that position of improved circumstances. This diligent lady used the money she had set aside as savings to open this business. Her first business was a pub.

This 48-year-old single mother of four makes about $13 a week. She supplements these profits with earnings from her charcoal-selling business. Customers at her beauty salon are mostly community members. With this loan, she wants to buy more hair chemicals and hair pieces for her salon and also more bags of charcoal for reselling.

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
  • 236
    View loans »
    Uganda Loans Fundraising
  • $31,030,850
    Funds lent in using Kiva
  • 2,255.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mairo Mbili Drivers Association Group 1-Jinja's $1,900 loan helped a member to purchase more hair chemicals for her beauty salon and bags of charcoal for reselling.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 24, 2010
Listed
Aug 22, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010