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Twezimbe Women's Group Buikwe-Lugazi
In this Group: Azzida, Fred, Chrsitine, Richard, Sunday, Christine, Lukia, Tomasi, Tomasi, Simon, Sam, Rehema, Njule, Loziyo, Justine, Harriet, Beti, Zilaba, Sarah, Rhodah, Florence
Fifty-year-old Azzidsa N.'s food-selling business in Lweru-Lugazi generates 200,000 shililngs a month. Azzida is a single, hardworking mother with six kids. Her business has now lasted 20 years.

Being an agriculturist has been invaluable in many ways, principally the fact that she hardly runs out of food to sell. The kinds of foods she sells are popular all over Uganda. Foods such as bananas, cassava, maize, cabbages, pumpkins and sweet potatoes are mostly what she sells.

With this loan, she is looking at rejuvenating her business with the bulk purchase of staple foods like bananas, cassava and beans to resell. Azzida is anticipating that she will be able to make more than enough profits after she resells most of what she will buy. She also hopes to keep more in reserve. Azzida is part of the Twezimbe Women's Group - Buikwe, Lugazi.

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
  • 322
    View loans »
    Uganda Loans Fundraising
  • $29,709,600
    Funds lent in using Kiva
  • 2,262.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Twezimbe Women's Group Buikwe-Lugazi's $4,400 loan helped a member the purchase of staple foods such as bananas, cassava, beans, etc., for reselling.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 27, 2010
Listed
Oct 16, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011