Check out some available loans that are similar to this one!
Faith Kalagi Development Group-Mukono
In this Group: Sauda, Joan, Shamim, David, Micheal, Lillian, Stephen, Joweria, Halima, Scovia, Doreen, Edward*, Christine, Harriet, Monica, Rehema*, Jennifer, Nagayi, Yudaya, Immaculate, Fatumah*, Justine
* not pictured
Thirty-nine-year-old Sauda N. is affiliated with the Faith Kalagi Development Group. The group is based in Mukono. It has now been three years since she took root in her clothes-selling business. This married mother of six radiates a lively sense of humor and, above all, purposefulness. This has unquestionably been her mileage in the strides she has made over the years. Selling snacks was her first business preoccupation.

In a week, her profits total up to 70,000 shillings. With this loan, Sauda wants to purchase more bales of clothes for resale.

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
  • 2,250.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Faith Kalagi Development Group-Mukono's $4,225 loan helped a member purchase of more bales of clothes for resale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2010
Listed
Oct 11, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011