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Bakyara Twekambe Group B, Ibanda
In this Group: Kurusam, Winfred, Kurineria, Nalongo, Stellah, Edward, Catherine, Leocardia, Joan, Jadreth, Stephen, Justine, Stellah, Eva, Judith*, Mary*
* not pictured
N. Kurusam is the leader of Bakyara Twekambe group B in Ibanda. She is 28 years old and married with two children who are twins. Kurusam has had a grocery store in Kyaruhanga that sells foodstuffs and other domestic items for four years; she is able to make 180,000 Ugandan shillings (UGX) as weekly income. Her customers are basically the general public.

Before starting her business, she sold her 10 goats and got an additional 100,000 UGX from her father. She is also involved in the rearing of chickens. Being hard working has enabled her to succeed. She hopes for an educated family and expanded business and at the moment, she needs a loan to be able to purchase more grocery products.

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
  • 224
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,375.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Bakyara Twekambe Group B, Ibanda's $5,000 loan helped a member to purchase more grocery products for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 6, 2011
Listed
Apr 20, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 1, 2011