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Gwanika Twimuke Group
In this Group: Federiko, Jane, Haruna, Asaba, Clare, Wilberforce, Edrine
Edrine wants a loan to buy foodstuffs for her restaurant business. Aged 23 years, she hails from Kyenjojo District of Uganda and is a single mother of one child whom she lives with in a semi-permanent house.

Having acquired her initial capital from farming, she dreams of growing her restaurant to a hotel. Edrine is a member of Gwanika Twimuke, a group where each member guarantees the others to acquire a loan.

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

  • $1,800
    Average annual income
  • 261
    View loans »
    Uganda Loans Fundraising
  • $31,047,900
    Funds lent in using Kiva
  • 2,395.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Gwanika Twimuke Group's $800 loan helped a member to buy foodstuffs for her restaurant business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2011
Listed
May 31, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 20, 2011