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Glory Be To God Group
In this Group: Rose, Justine, Jaliat, Hamidah, Scovia, Annet, Cissy, Fred*, Florence, Rehema, Beatrice, Monic, Susan, Fazila*, Edith, Naome, Eunice, Farida*, Teopista, Milly
* not pictured
Thirty-eight-year-old Rose has learned a great deal about how to effectively run a business during the past four years she has been operating her beauty salon. She says she is now at the stage where she can advise business-oriented people on how to begin and run their own businesses. While those who do not know her may question her confidence, this happily married mother of three says that her achievements have arisen frorm the courage of her convictions. The optimistic Rose says she lets negative people slide by like the water from the proverbial duck's back, a philosophy that has worked very much in her favor.



A farmer before embarking on her beauty salon enterprise, Rose also owns and operates a scrap metal sales business. Weekly, this business brings in profits amounting to Ugandan shillings 150,000. With this Kiva loan, Rose will purchase more cosmetics and other hair chemicals for use in her beauty salon.

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
  • 140
    View loans »
    Uganda Loans Fundraising
  • $28,295,800
    Funds lent in using Kiva
  • 2,525.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Glory Be To God Group's $4,200 loan helped a member to purchase more cosmetics and other hair chemicals for use in her beauty salon.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 1, 2011
Listed
Jun 30, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 2, 2012