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Tumwesigye Women's Group-Mukono
In this Group: Firida, Amos, Yalya, Cissy, Ronald, Fred, Mohammad, Wilson, Dinah, Jennifer, Rehmah, Mukasa*, Fred, Betty, Alice, Authur, Tonny, Fred, Faridah, Fatumah, Fred*, Richard
* not pictured
39-year-old M. Firida belongs to Tumwesigye women’s group, Mukono. For the last 20 years she and her family have been counting on profits from fish sales in Mpunge for their subsistence. Firida is happily married and she is happy to credit her husband with the inspiration to set forth in this business.

Prior to taking root in this business she was involved in tailoring. Her hard work and determination has gotten her this far, she says. All her five children are in school as a result of her hard work which sees her make Shillings 400,000 a week. She also has a sideline dairy business that she says helps her supplement her profits. With this loan she wants to buy more fishing nets and also a dairy cow. This, she says, will go a long way toward helping her financially strengthen her business.

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
  • 140
    View loans »
    Uganda Loans Fundraising
  • $28,307,700
    Funds lent in using Kiva
  • 2,243.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Tumwesigye Women's Group-Mukono's $4,775 loan helped a member the purchase of more fishing nets and also a dairy cow.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2010
Listed
Sep 22, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011