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Step By Step Women's Group-Mukono
In this Group: Beat, Mariam, Madrine, Robert, Kulusum, Shadia, Susan, Mariam*, Christine, Peninah, Gertrude, Margret*
* not pictured
Beat N.’s beauty salon in Kitega –Mukono has had mixed fortunes over the last decade. But the 40-year-old's own initiative and entrepreneurial versatility enabled her to begin this business, and all this while, she has given nothing but a credible account of her business abilities. The happily married mother of four credits a sense of diligence as one factor that has stood out for her as a stock in trade. In a month she makes 120,000 shillings, and with this loan she is planning to buy more hair products, weavers and other requisite beauty salon equipment.

Beat belongs to Step by Step Women's Group in Mukono.

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
  • 305
    View loans »
    Uganda Loans Fundraising
  • $29,633,250
    Funds lent in using Kiva
  • 2,240.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Step By Step Women's Group-Mukono's $3,225 loan helped a member to purchase hair products, weavers and other salon equipment.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011