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Rwenyerere Bakyara Tukwatanise Group, Kihihi
In this Group: Grace, Charity, Emmy, Domic, Jolly, Jolly, Alice, Gad, Moses, Keti, Fred, Innocent, Nyansio, Vincent, Resta, Silas, Kenneth, Getrude, Oliver, Allen
As they say, hard work pays! K. Grace, a very hardworking and determined woman, has reaped the fruits of her hard work having started up her clothes selling enterprise over 10 years ago. She offers secondhand clothes in Rushooka Trading Centre, Ntungamo, where she responds to the seasonal markets being close to her customers.

Due to her good management and esteemed customer care, she has maintained customers for a long time creating a good market. With this loan, Grace wants to buy more clothes for resale. Since she also has a farming business, she also wants to buy more seedlings and manure for her plantations. This will enable her to make more profit and be able to provide for her family and children’s requirements like education. She is very optimistic she will achieve a self-sustaining lifestyle with more income coming her way.

K. Grace belongs to Rwenyerere Bakyara Tukwatanise Group, Kihihi.

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
  • 322
    View loans »
    Uganda Loans Fundraising
  • $30,632,375
    Funds lent in using Kiva
  • 2,251.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Rwenyerere Bakyara Tukwatanise Group, Kihihi's $3,675 loan helped a member restocking more bales of clothes.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2010
Listed
Sep 12, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011