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Victoria Women's Group B-1, Lugazi
In this Group: Joseph, Lawerence, Zaituni, Grace, Sipe, Adera, Christine, Nakato, Annet, Phillpy, Rose, Sarah, Lydia, Harriet, Densi, John, Rose, Rhema, Sikolastika
42-year-old focused M. Joseph operates a seven-year-old shoe-sales enterprise in Lugazi Town. With profits from this business this happily-married man has managed to substantially provide for his family’s welfare and his seven children’s education.

Joseph started his business after a pep talk by his father. He was at first involved in a poultry business that he still operates, though it now plays second fiddle to his premier business. Since he began, this hard-toiling man has been making profits to the tune of 150,000 shillings weekly.

Joseph is planning to buy more new pairs of shoes 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
  • 105
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,267.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Victoria Women's Group B-1, Lugazi's $4,850 loan helped a member to purchase more new pairs of shoes to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 3, 2010
Listed
Aug 26, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010