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Karukara Women's A, Kihihi Group
In this Group: Annah, Festo, Moses, Emmanuel, Yohana, Erick, Vanis, Allen, Herbert, Jackson, Honest, Lydia, David, Enock, Benard, Zedeka, Jovelet, Enock, Wallen, Lawrence*, Eunice, Jovia*, Evas*
* not pictured
Hard-working Annah M. of Karukara Women's Group, Kihihi, Uganda, has been running a retail shop from Omukabingo trading centre in Kihihi, where she sells general merchandise for home use. She has been operating this business for over seven years now. She started this business with capital she got from selling a local brew known as “waragi.” The married mother of four children confirms that her store’s stock is not satisfying her customers’ demands.


Therefore Annah is seeking a loan to help her buy more goods for resale. She hopes earn more income, thus being in a position to help with her family needs and standard of living. She belongs to a group of other members who hold each other accountable in paying back the loan.

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
  • 93
    View loans »
    Uganda Loans Fundraising
  • $28,249,475
    Funds lent in using Kiva
  • 2,251.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Karukara Women's A, Kihihi Group's $5,000 loan helped a member to buy more stock for her shop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 15, 2010
Listed
Sep 14, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011