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Lwamba Development Group-Mityana
In this Group: Fatuma, Samuel, Manuel, Matia*, Mary Rose, Joyce, Constantino, Sulaiman, Maria*, Robert, Regina, Tadeo, Ssadala, Deborah*, Salongo, Ben
* not pictured
30-year-old N. Fatuma is affiliated with Lwamba Development Group-Mityana. Five years have now passed since she began her pharmacy business in Lwamba trading center. It is a business this happy-go-lucky married mother of three began on completion of her nursing course. Weekly, Fatuma says this business generates shillings 105,000 as profits and she says that with this loan, she is going to purchase more drugs 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

  • $1,800
    Average annual income
  • 288
    View loans »
    Uganda Loans Fundraising
  • $30,709,200
    Funds lent in using Kiva
  • 2,395.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Lwamba Development Group-Mityana's $4,075 loan helped a member to purchase more drugs to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2011
Listed
Mar 23, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 1, 2012