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Stone Quarry Development Group 2-Mukono
In this Group: Alice, Madinah, Jesca, Mireh, James, Fred, Erisa, Prisca, Harriet, Zeulence, Fatuma, Mariam, Eva
46-year-old N. Alice belongs to the Stone Quarry Group-Mukono. This industrious woman has been building a stone quarrying enterprise for 10 years. Alice is married with 4 children. It’s with the persuasion of friends that she was able to embark on this business. Prior to this, she was selling charcoal. Her business generates 150,000 UGX weekly. With this loan, Alice says she is going to purchase more heavy-duty hammers to be used in the quarry.

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
  • 191
    View loans »
    Uganda Loans Fundraising
  • $31,415,275
    Funds lent in using Kiva
  • 2,284.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Stone Quarry Development Group 2-Mukono's $3,025 loan helped a member to purchase more heavy-duty hammers for work at the quarry.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Sep 30, 2010
Nov 2, 2010
Currency Exchange Loss:
May 15, 2011