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Ruhandagazi Bakyara Twimukye, Bushenyi Group
In this Group: Annet, Prossy, Naume, Beatrice, Mary, Gabuda, Debra, Steven*, Lilian, Constance
* not pictured
N. Annet, 42, is married with a family of four children and has been operating a retail shop at Ruhandagazi trading centre, Bushenyi for over four years. Here she sells a variety of products like sugar, salt, soft drinks, cooking oil and much more general merchandise. She does this business alongside her other farming practices that include growing a variety of food crops like bananas commonly grown in the area. Her main drawback is that she has a limited variety of products in her shop and cannot satisfy her customer's demands. Therefore she is looking forward to increasing her stock when she gets this loan. She will be fully stocked. This will help her earn more revenue to sustain her daily life needs and further educate her children.
She belongs to the Ruhandagazi Bakyara Twimukye group whose members insure each other 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
  • 411
    View loans »
    Uganda Loans Fundraising
  • $30,354,325
    Funds lent in using Kiva
  • 2,250.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Ruhandagazi Bakyara Twimukye, Bushenyi Group's $1,400 loan helped a member to buy more stock like sugar, salt, soft drinks, cooking oil and much more general merchandise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2010
Listed
Sep 17, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011