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Mukisa Women's Group Lugazi
In this Group: Teddy, Erinah, Allen, Racheal, Getrude, Ismail, Samuel, Getrude*, Aminah, Christine, Zayida*, Annet, Rose, Victoria, Paul, Naome
* not pictured
It pays to be cordial, placid, and resolute, and to always have resources in reserve to deal with the unexpected when doing business. This is the perspective that 46-year-old N. Teddy has been laying to heart the last eight years running her pub and pork-selling businesses in Namataba-Lugazi. N. belongs to the Mukisa women’s group - Lugazi.

N. has succeeded in making profitable use of her time running this business that she began with the help of her husband. Savings from her pub business rendered countenance to her in getting her on her feet. In a week she makes profits that add up to 450,000 shillings. With this loan she wants to buy more crates of both hard and soft drinks for her business and also to buy pigs to reduce the costs she incurs buying pork from butcher shops.

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
  • 242
    View loans »
    Uganda Loans Fundraising
  • $31,036,700
    Funds lent in using Kiva
  • 2,252.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mukisa Women's Group Lugazi's $4,000 loan helped a member to purchase more crates of hard and soft drinks for her pub and to buy pigs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2010
Listed
Sep 19, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011