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Namulesa Womens Group
In this Group: Ruth, Aida, Edward*, Rebecca*, Jane, Sperito, Ronald, Jesica, Dezi, Martin Wasswa
* not pictured
50-year-old Ruth got a foothold for her clothing sales business 20 years. Ruth, a happily married mother of three, says starting this business was in many ways her means to an end in her below breadline existence back then. She says with hard work, the business was on the up and up after only four years. She began this business with savings from her earlier farming business. Ruth anticipates making further inroads in her business with the acquisition of this Kiva loan. Monthly, the business generates her profits equal to shillings 240,000. The proceeds from this loan, she says, are for the purchase of more new clothes. She transacts her business in Lugazi.

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
  • 270
    View loans »
    Uganda Loans Fundraising
  • $31,080,425
    Funds lent in using Kiva
  • 2,460.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Namulesa Womens Group's $3,150 loan helped a member to purchase new clothes to resell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2011
Listed
Jun 22, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 6, 2012