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Kibalinga Kyosimba Onanya B, Mubende Group
In this Group: Aisha, Steven, Gertrude, Florence, Specioza, Deziranta*, Kyahurwa, Expedito, Nyansio, Muhamud, Godfrey, Jacob, Living, Elnest*
* not pictured
Hardworking and cooperative N. Aisha has been running a general-merchandise retail shop from Kibalinga trading center in Mubende, where she sells basic items for home use. She has been operating this business for over 10 years. She started this business in a bid to be able to educate her children, and it currently earns her 600,000 Ugandan shillings monthly. The mother of eight children confirms that she has had problems restocking her business, as the stock available is not satisfying customers' demand.

She uses loans to help her buy more goods to resell at a profit, with the hope of earning more income, catering for her family's needs, and thus improving her standard of living. This time round, she wants to clear her children's school dues. She belongs to Kibalinga Kyosimba onanya group with other members who hold each other accountable for paying back the loan.

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
  • 383
    View loans »
    Uganda Loans Fundraising
  • $30,352,075
    Funds lent in using Kiva
  • 2,282.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kibalinga Kyosimba Onanya B, Mubende Group's $3,550 loan helped a member paying her children's school fees.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2010
Listed
Nov 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011