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Kamuli Road Twekalangule - Jinja Group
In this Group: Annet, Muzaham, Joseph, Ana, Jane, Rehema, Musa, Marget, Marget*, Sylivia, Kuzaima, Brain, Faziri, Perus*, Juliet, Jalia, Juliet, Pheobe, Grace, Abud, Jesca, Nulu
* not pictured
50-year-old K. Annet says she set forth in her current grocery store enterprise after the demise of her husband. She was at her wits end, and coming to grips with her predicament was the turning point. With 12 kids to provide welfare for, Annet knew she had to do something to bring substantial value to their lives. What exacerbated her situation from the start is the fact that she did not have any prior business experience. But, with conviction, she conquered the odds stacked against her.

The grocery business has now lasted five years. It is located along Kamuli Road which is near the Jinja metropolis. She has mostly been selling fruits and vegetables. She says her weekly profits are to the tune of 180,000 shillings. With this loan, Annet, a member of the Kamuli Road Twekalangule Group, says she is going to buy more vegetables and fruits to sell. She envisages better prospects for her business in the future. Now that the Christmas festive season is in the offing, she says she is looking forward to a roaring trade selling fruits and vegetables.

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
  • 252
    View loans »
    Uganda Loans Fundraising
  • $28,992,150
    Funds lent in using Kiva
  • 2,295.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kamuli Road Twekalangule - Jinja Group's $2,075 loan helped a member to purchase more fruits and vegetables to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 26, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2011