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Katebo Basooka Kwavula Group
In this Group: Anet, Hafuswa, Lawrence, Lukia, Johnson, Rashida, Rose, Ramathan, Ben, Paul, Bashir*, Christopher, Sam, Muhamed*, Joseph, Richard, Lawrence, John, Paul, Nathan, Peter, Zuena, Sarh, Henry
* not pictured
38-year-old N. Anet is affiliated with Katebo Basooka Kwavula group and has been a fish monger for the past decade in Katebo-Mpigi. Anet, a single mother of 4, was previously doing subsistence farming. She now mostly does commercial farming as a means of supplementing on her profits. Anet says she envisions better prospects for her business in the coming future as long as she continues with her diligence-driven attitude that she uses in her business. Weekly, she says this business generates shillings of 60,000 as profit. She says with this loan, she wants to purchase more fish 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
  • 143
    View loans »
    Uganda Loans Fundraising
  • $28,307,700
    Funds lent in using Kiva
  • 2,370.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Katebo Basooka Kwavula Group's $3,325 loan helped a member to purchase of more fish to resell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2011
Listed
Apr 21, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 4, 2012