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Twesimye Nagalama Development Group-Mukono
In this Group: Alice, Mayi, Grace, Prossy, Hadija, Sayidi, Rehema, Sendawula, Carolyne, Justine, Hussein, Henry, Eridao, Joweria
39-year-old Alice L. has been running her timber and firewood selling businesses for twelve years in Nagalama-Mukono. Both these businesses were given the start up push by her husband, with whom she has three kids. She says what spawned the growth of her business from its beginning was the growing demand from many people around Nagalama for timber products and firewood. Sensing this, Alice owed it to herself to work extremely hard to meet the demands of her clients. Before all this, Alice was involved in a local herb selling business. Alice is affiliated with the Twesimye Nagalama development group. Alice is requesting this loan to buy more timber to resell.

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
  • 154
    View loans »
    Uganda Loans Fundraising
  • $28,711,800
    Funds lent in using Kiva
  • 2,328.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Twesimye Nagalama Development Group-Mukono's $2,450 loan helped a member to purchase more timber to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 4, 2011
Listed
Jan 7, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2011