Check out some available loans that are similar to this one!
Abekundire Women's, Ibanda Group
In this Group: Betty, Mary, Slyvia, Ovious, Mary, Mary, Sylivia, Grace, Annet, Molly, Asompta, Zamu, Jaireth, Beatrice, Marion, Betty, Charity, Stella, Isaiah, Gladys, Justine, Juliet*, Stephen
* not pictured
In Ibanda town there is a determined lady named K. Betty aged 32 years. She belongs to Abekundire women's group. She is a go-getter businesswoman who has a general merchandise retail shop. This stickler of hard work and married mother of three children has basked in the career graces of her business for over 12 years. With this experience behind her, she has managed to subdue most of the uncertain adversities that have threatened to play havoc with her business.

In a month, her business generates a profit of 480,000 Ugandan shillings. This to all intents and purposes is a low figure. What has played into her hands as she operates her business has been her exceptional customer relationship skills. Now she is taking a long view with an aim of maximizing her small profits. She figures this loan will come in significantly handy in helping her buy more stock and get into full control over her business. Currently she sells small household items.

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
  • 228
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,257.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Abekundire Women's, Ibanda Group's $4,825 loan helped a member to purchase more stock for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2010
Listed
Sep 24, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011