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Myanzi Mixed Group-Mityana
In this Group: Roset, Viola, Justine, Amina, Bonny, Wensislus, Margret, Allen, Fred, Stephen
Thirty-year-old Roset N. is happily married with three kids. It's now two years down the stretch for her food business in the Myanzi trading center market in Mityana. She has her own stall. Roset also has a charcoal sales enterprise that she operates. Roset says the persuasion of close friends gave her the motivation to take root in this business.

Weekly, Roset says this business generates 14,000 shillings. With this loan, she says she is going to purchase more food to resell. Roset is affiliated with the Myanzi Mixed Group-Mityana.

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
  • 232
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,375.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Myanzi Mixed Group-Mityana's $1,500 loan helped a member the purchase of more food to resell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2011
Listed
Feb 21, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2011