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Twinomugisa Kisindizi Group
In this Group: Joseph, Margret, Teddy, Paul, Serina, Elias, Obadiah, Matia, John , Paul*, Paul
* not pictured
Margret is a thirty five year old married woman with three children living in her own house in Karuguuza Uganda with a dream of educating her children up to university. She sells beans and maize and she has been in business for five years amidst the challenges of seasonal changes ,nevertheless her business plan is to own a truck for transporting her goods . Margret needs the credit facility to buy beans and maize to sell.She is a member of Twinomugisa Kisindizi group where each member guarantees the other.

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
  • 241
    View loans »
    Uganda Loans Fundraising
  • $31,036,700
    Funds lent in using Kiva
  • 2,342.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Twinomugisa Kisindizi Group's $1,825 loan helped a member purchasing maize and beans to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2010
Listed
Jan 18, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011