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Kisakye Development Group
In this Group: Cissy, Prossy, Mary, Agnes, Agnes, Filda, Mariam, Godfrey, Janet, George
33-year-old Cissy has been in a retail business the last seven years in Lugazi. The mother of two says she began this business with her own savings. Farming was her first business. At her shop, she sells a variety of general merchandise retail items such as sugar, salt, cooking oil, soap, etc. Cissy says being determined, focused and diligent have been her calling cards. Weekly this retail business generates her about $82 as sales revenue. Cissy says she is to use this loan to purchase more retail commodities such as sugar, salt, soap, plastics, maize flour, etc. 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
  • 323
    View loans »
    Uganda Loans Fundraising
  • $29,677,925
    Funds lent in using Kiva
  • 2,460.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kisakye Development Group's $3,625 loan helped a member to purchase more retail commodities like sugar, salt, plastics, maize flour, etc. to resell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2011
Listed
Jun 22, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 6, 2012