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Concerned Mothers-Kampala Group
In this Group: Betty, Justine, Mary, Joyce, Dorothy, Margeret, Lydia, Jackline
Betty M., a 47-year-old happily married mother of four, has been running a clothing sales business for the past ten years in Royal-Kampala. She says she began this business after the completion of her university studies. Betty says that hard work, determination and prayers have brought her far in her business. She also has a small school that she runs. This business generates a monthly profit of 300,000 UGX. With this loan, Betty says she is going to purchase more bales of clothes 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
  • 289
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,350.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Concerned Mothers-Kampala Group's $2,650 loan helped a member to purchase more bales of clothing to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2011
Listed
Apr 16, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 12, 2011