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Suubi Development Association-Kampala Group
In this Group: Margret, Husina, Aisha, Haruna, Halima, Getrude, Hadijah, Maria, Farida, Sarah, Daisy, Mariam*, Regina, Miisa, Hamisa, Grace, Esther, Mary, Faridah*
* not pictured
It may seem like a recycled cliche, but most business owners in Uganda attribute their start-ups to inspirational pep talk from close family or friends. Thirty-two-year-old Margret S. is no exception as she says what spawned the idea for her rentals and poultry businesses was motivational talk from friends. Margret is happily married with 5 children and says it was about 6 years ago when she started this business. Margret is a dedicated, hardworking, and steadfast woman. Her business generates 25,000 shillings for her a week. She says she will buy more broilers for her poultry business. She belongs to Suubi Development Association-Kampala.

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

  • $1,800
    Average annual income
  • 298
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,252.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Suubi Development Association-Kampala Group's $2,450 loan helped a member to purchase chickens for her poultry business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2010
Listed
Nov 1, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011