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Balisima Womens Group A-Lugazi
In this Group: Scovia, Hadijah, Jeremiah, Idi, Aisha, Fatuma, Joyce, Agatha, John, Gertrude, Rose, Milly, Aida, Margret, Annet, Lambert, Beatrice, Rose, Joyce, Florence, Hasifa, Racheal, Joyce
Scovia N. operates a busy retail shop right in the middle of Lugazi Town. Her shop has been in existence for the last 5 years. It’s a business she began with savings from her small farming business. Scovia is a hardworking businesswoman and a happily married mother of four. In a month, she makes 450,000 shillings profit. With this loan, she wants to purchase more stock for her retail shop. She is looking to buy more sugar, rice, maize flour, soap and bread.

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
  • 232
    View loans »
    Uganda Loans Fundraising
  • $31,010,850
    Funds lent in using Kiva
  • 2,250.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Balisima Womens Group A-Lugazi's $4,600 loan helped a member to purchase sugar, rice, maize flour, soap and bread for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 24, 2010
Listed
Aug 24, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010