Check out other loans that are currently fundraising!
Nambale Mixed Group-Mityana
In this Group: Laurencia, Sylivester, Hadija*, Emmanuel, Atire, Agera, Sarah, Fausta, Judith, Margret, Abdu*, Joice*, Frank, Mesearch, Susan, Twaha, Falozia, Sam
* not pictured
Laurencia M. is 43 years old and makes a living selling food from a stand in a business center in the Mityana district of her town. Mostly she sells bananas, cassavas and sweet potatoes. She went into this line of business 12 years ago after being persuaded by a friend to open her stand. Before that, she was a full-time mother who was raising nine cheerful children. She used to work occasionally as a farmer but is doing better in her new field because of her diligence and careful planning. She earns about 20,000 shillings a week as profit and will use her portion of this group loan to buy more food to sell, including beans, rice, maize flour and peas.

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
  • 154
    View loans »
    Uganda Loans Fundraising
  • $28,711,800
    Funds lent in using Kiva
  • 2,400.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Nambale Mixed Group-Mityana's $2,600 loan helped a member to buy food items such as rice, beans and maize flour to resell to her customers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 7, 2011
Listed
Mar 28, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 1, 2011