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Mumuwa Community Bank-Mpigi Group
In this Group: Aisha, Sowedi, Musa, Jamiidah, Bosco John, Saidi*, Mariam, Badru, Halima, Abdu, Musa, Joweria, Shatiki, Rukia, Jameo, Faridah, Miriat, Nubuwat, Shagiya
* not pictured
39-year-old N. Aisha operates a retail shop in Mirembe-Mpigi. The shop has been in existence for the past 8 years and mostly serves the rank and file residents in and around her area. She mostly deals in rice, soap, wheat, maize flour, etc. Aisha also does some part-time farming.

Aisha is happily married with five kids and she says with this loan she is going to purchase more general merchandise to resell. She belongs to Mumuwa community bank.

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
  • 362
    View loans »
    Uganda Loans Fundraising
  • $29,766,150
    Funds lent in using Kiva
  • 2,347.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mumuwa Community Bank-Mpigi Group's $4,650 loan helped a member the purchase of more general merchandise to resell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 3, 2011
Listed
Feb 23, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011