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Ruharo Twimukye Group, Bushenyi
In this Group: Slivia, William George, Arozio, Vicent, Moses, Gaudencia, Vicent
K. Slivia of Ruharo Twimukye group, Bushenyi, a mature happily-married father of 2 children, has been running a salon business for 12 years from Ruharo Trading centre, Bushenyi, alongside other agricultural activities. With all her efforts, she has been able to maintain earning 180,000 Ugandan shillings on a monthly basis. This income has always been significant in contributing towards her family's welfare. Her current set-back is lacking additional capital to purchase salon materials such as hair cutting machines, shampoo, hair oils and a drier (the basics demanded her lady customers) and further investing in her farming projects for better yields

Therefore, this loan will help Slivia in restocking business requirements that will see her get more sales revenue as she looks at opening a bigger salon in a large town and educating her children.

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
  • 319
    View loans »
    Uganda Loans Fundraising
  • $29,677,925
    Funds lent in using Kiva
  • 2,243.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Ruharo Twimukye Group, Bushenyi's $1,225 loan helped a member to expand her business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2010
Listed
Sep 22, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011