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Wantoni Development Group
In this Group: Falida, Monica, Obinah*, Charles, Godfrey, Hadija*, Diana, Rebecca, Jennifer, Alex, Sheila
* not pictured
27-year-old Falida speaks in high terms of her beauty salon business in Mukono town, which she has been overseeing for the last 8 years. Going by the accounts of many of her close associates and friends, Falida is one lady with an aura of friendliness. That character trait has come in handy many times as she goes about her business in her salon. Her happy-go-lucky disposition has endeared her to many of her old and new clients alike. She says that in her type of business, being good natured, humorous and easy-going are invaluable stocks in trade. In the past 8 years she has come to terms with that fact. Falida knows where her advantage is and she says with prayers, unwavering hard work and persistence, she has success within her grasp.

Falida says she makes approximately 120,000 Ugandan shillings in weekly profits. With this Kiva loan, she says she is going to purchase more cosmetics and other salon products for use in her salon.

In the group photo, 2 lady clients were not present when the photo was taken. They are therefore unpictured.

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
  • 103
    View loans »
    Uganda Loans Fundraising
  • $28,253,000
    Funds lent in using Kiva
  • 2,395.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Wantoni Development Group's $3,150 loan helped a member to buy cosmetics and salon products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 5, 2011
Listed
Jun 2, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 28, 2012