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Munansi Development Group
In this Group: Florence, Marry, Jane, Fred, Prossy, Harriet, Jane, John, Night, Jane, Annet, Julius, Abby, Viola, Noah, Jovia, Prossy*
* not pictured
N. Florence is the leader of Munansi development group in Mubende. She is 34 years old and married with 3 children, all of them in school. Florence is a market vendor in Mubende, Kibaati zone where she sells clothes to retail buyers in the area. In addition, she is also involved in farming and as a result sells some of the produce from her farm. She was a tailor before the clothes business 10 years ago and she needs a loan to be able to buy more clothes for resale. She is a friendly lady and this has made her more successful.

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
  • 287
    View loans »
    Uganda Loans Fundraising
  • $31,076,375
    Funds lent in using Kiva
  • 2,305.0
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Munansi Development Group's $3,950 loan helped a member purchasing more clothes for resale.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2010
Listed
Dec 8, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2011