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Kizinda Matookye, Bushenyi Group
In this Group: Zahara, Mohamad, Amina, Elias, Jackson, Robert
It is now six years since Zahara K. of Kizinda Matookye group, Bushenyi, started up her banana-selling business in Kizinda, Bushenyi in western Uganda. With this as her only source of livelihood, she has painstakingly managed to make ends meet while contending with some seasonal income fluctuations and poor road systems to access bigger markets. With a strong work ethic, this 40-year-old married and happy-go-lucky mother of four children has kept her business growing, earning about 100,000 Ugandan shillings each month.



As her business has grown over the years, Zahara's family's living conditions have improved, and her business plan is to be able to sell more bananas to an expanding market as she looks at buying a vehicle for transportation. With this loan, she plans to purchase more bananas from the agriculturalists in the area for resale.

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
  • 161
    View loans »
    Uganda Loans Fundraising
  • $28,340,250
    Funds lent in using Kiva
  • 2,251.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kizinda Matookye, Bushenyi Group's $2,000 loan helped a member to purchase more bananas for resale.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2010
Listed
Sep 14, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011