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Kabingo Tweyombekye Women's, Rukungiri Group
In this Group: Oliver, Jolly, Rossette, Edinah, John, Ruth, Joseline, Lillian, Allone, Wicliff, John, Betty
K. Oliver is a hard working business lady. The 38 year old married mother of 5 children, some of them still attending school, sweats her guts out selling agricultural produce of maize, millet, beans, and coffee in a small rural area of Rubumba, Rukungiri. She has been doing this business for the last 6 years. She started with little capital but with inspiration from her mother-in-law. She gets many customers who buy her products for food consumption like hotel owners.

She is able to make an average profit of 160,000 Ugandan shillings monthly. This is a fair earning by any standards, and she requires a loan that will help her buy more food supplies for the business. Then she will be able to meet the customers' demands and also get more revenue.

She belongs to Kabingo Tweyombekye Women’s group of members and they 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
  • 93
    View loans »
    Uganda Loans Fundraising
  • $28,253,000
    Funds lent in using Kiva
  • 2,240.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kabingo Tweyombekye Women's, Rukungiri Group's $2,775 loan helped a member purchase more stock for busines.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 19, 2010
Listed
Sep 20, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011