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Mirarikye Abaryakamwe Group-Bushenyi
In this Group: Naume, Allen, Moses, Yosam, Mohammed, Silagi, Francis, Kellen, Julius, Kate, Emmanuel
45-year-old Naume B. is a member of Mirarikye Abaryakamwe group-Bushenyi. This happy-go-lucky, married mother of 5 has been retailing in Mirarikye for 5 years. Her retail shop attracts many people within her local area. Naume says to take root in this business she got ideas from a close friend. Before that she was doing mostly farming. She still farms, though it is on a smaller scale now. Weekly, this business generates her 200,000 UGX. Naume says with this loan she is going to purchase more retail stock to sell.

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
  • 321
    View loans »
    Uganda Loans Fundraising
  • $29,677,925
    Funds lent in using Kiva
  • 2,373.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mirarikye Abaryakamwe Group-Bushenyi's $1,750 loan helped a member the purchase of more retail stock to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 1, 2011
Listed
Feb 17, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2011