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Kaliba Development Group
In this Group: Prossy, Brian, Solomy, Lukia
K. Prossy, who is 27 years old, has been selling food in Lugazi town food market for close to seven years now. Prossy is optimistic about the further growth of her business in the future given the high demand for most of the foods she sells such as paw-paws, cabbage, pineapples and maize. The mother of one says that her business generates 300,000 UGX as weekly profits. With this loan, she is going to purchase more foods 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

  • $1,500
    Average annual income
  • 245
    View loans »
    Uganda Loans Fundraising
  • $28,973,325
    Funds lent in using Kiva
  • 2,400.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kaliba Development Group's $1,250 loan helped a member to purchase more foods to resell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2011
Listed
Mar 31, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2011