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Kings Of Kings Group
In this Group: Fatuma, Haurat, Dezzy, Hadijah, Jane, Mary, David, Vicent*, Grace, Sophia, Zilinga, Christopher*
* not pictured
Fatuma, 34 years old, has operated a retail shop in Lugazi for the last decade. The mother of 5 says she began this business after she realized there was no general merchandise retail outlet in her neighborhood. Prior to that, Fatuma did subsistence farming. She still does subsistence farming though on a much smaller scale. Fatuma's monthly profits total 300,000 UGX. She plans to use this loan to purchase more retail commodities 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

  • $1,800
    Average annual income
  • 299
    View loans »
    Uganda Loans Fundraising
  • $30,718,125
    Funds lent in using Kiva
  • 2,480.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kings Of Kings Group's $4,800 loan helped a member to purchase more retail commodities to resell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2011
Listed
Jul 23, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 6, 2012