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Linda Buwere Women's Group-Mukono
In this Group: Sarah, Ruth, Jane, Justine, Peter, Amina, Jane
M. Sarah is a 31-year-old hardworking and enterprising businesswoman who has been operating a used clothing sales business in Nasuti-Mukono for 6 years. The happily married mother of two says her business's clientele consists mostly of local residents. With the improving prospects after getting this loan, M. Sarah is anticipating the growth of her business, which currently generates 65,000 UGX weekly. M. Sarah will use this loan to purchase more bales of used clothing 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
  • 284
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,338.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Linda Buwere Women's Group-Mukono's $1,600 loan helped a member to purchase more secondhand clothing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2011
Listed
Feb 11, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 4, 2012