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Terere Development Group-Mukono
In this Group: Kulusumu, Charles, Rafael, Florence, Godfery, Saida*, Jamada, Justine, Thomas, Prossy, Amiri, Sulaiaman, Norah, Stefane, Disan, Patrick, Elia, Mastullah*, Aisha*
* not pictured
34-year-old N. Kulusumu belongs to Terere Development group-Mukono. She runs a pharmacy, which she started after she finished school. Her business has been in existence for 10 years. She also runs a commercial motorcycle business that helps increase her income.

Hard work and determination have been her trump card. She makes 130,000 shillings a week. With this loan, this mother of two says she is going to buy more drugs for her pharmacy.

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
  • 224
    View loans »
    Uganda Loans Fundraising
  • $29,092,125
    Funds lent in using Kiva
  • 2,242.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Terere Development Group-Mukono's $3,600 loan helped a member to purchase drugs for her pharmacy.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011