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Mukisa Development Group-Mpigi
In this Group: Florence, Robert, Elizabeth, Specioza, Joyce, Rose, Mastulla, Amina, Annet, Madina
35-year-old Florence K. has been in retail for the last four years. She credits her husband with coming up with the idea of starting this business. Florence is happily married with three kids. Before starting this business, she was working in a construction company. She now has her own small construction company. At her shop, she mostly sells home supplies such as soap, sugar, and bread. This business generates 350,000 shillings in profits monthly. With this loan, Florence, who belongs to Mukisa development group, says she is going to buy more goods for resale.

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
  • 289
    View loans »
    Uganda Loans Fundraising
  • $31,090,750
    Funds lent in using Kiva
  • 2,307.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mukisa Development Group-Mpigi's $1,950 loan helped a member the purchase of more goods for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 9, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011