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Kalagala Development - Mpigi Group
In this Group: Annet, Mega, Dominic, Resty, Robinah, Thomas, Agness, Betty, Jane, Bbosa, Emmanuel, Mary, Betty, Betty, Jane, Clement
N. Annet has been relentless and pertinacious in her self-willed determination to make something invaluable out of her dual farming and poultry business undertakings, which took root 10 years ago. Her business is located in Mpambire - Mpigi. She started this business after she got financial assistance from an international non-governmental organization. Before this, Annet, a mother of three kids and six dependants, was more inclined towards subsistence farming. Her unwavering resolve has seen her make many inroads in terms of attracting clients, going about her business in an organised way, and making steady profits. These inroads have also been manifesting themselves in improved standards of living for her family.

Her business accrues 100,000 shillings a week. She is requesting a loan to purchase rice in bulk, which she will resell at length in wholesale bags, not by the kilos as for retail. She makes common cause with Kalagala Development Group - Mpigi.

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
  • 93
    View loans »
    Uganda Loans Fundraising
  • $28,251,925
    Funds lent in using Kiva
  • 2,260.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kalagala Development - Mpigi Group's $3,475 loan helped a member to purchase rice in bulk for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2010
Listed
Oct 17, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2011