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Kyaterekera Development Group
In this Group: Betty, Sylvia, Jennifer, Richard
Betty is 37 years old and married. She and her husband do not yet have children. Betty earns an income from two businesses – she sells pigs and coffee. She operates both businesses in Mukono. Betty also has a small poultry business that she oversees. Her businesses can be highly profitable provided one invests in them. Betty is trying her best to succeed in her business ventures. Over the last nine years, she has been investing time and money in her businesses and the impact has been showing in her increasing number of clients. Betty has built a reputation of nothing but hard work. She says she was inspired by her husband to get established and she makes a monthly profit of 300,000 UGX.

With her Kiva loan, Betty will purchase more pigs and bags of coffee to sell.

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
  • 308
    View loans »
    Uganda Loans Fundraising
  • $30,718,125
    Funds lent in using Kiva
  • 2,390.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kyaterekera Development Group's $1,275 loan helped a member to purchase pigs and coffee to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 5, 2011
Listed
Jun 3, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 2, 2012