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Jinja Central B Group
In this Group: Florence, Muhammed, Prossy, Irene, Edison, Ibrahim, Mike, Sarah, Bakai, Abdallah, Majorine, Scovia, Alex, Edisa, Irene, Faosta*
* not pictured
36-year-old Florence has been in the shoe sales trade for 8 years running now, in the town of Jinja. The happily married mother of five says she began this business with capital from her first business, milk sales. It’s taken her eight years of nothing but unwavering diligence and determination to succeed. She says it was not a flying start at the threshold, but once she got her foot in the door, she has not looked back.

Florence has been making gradual inroads and she is very upbeat about the future prospects of her enterprise. Weekly she says her sales revenue totals up to shillings 200,000 Ugandan shillings. Florence is asking for this Kiva loan to expand her business. She says she is going to purchase more pairs of shoes and also pay for a market stall where she can sell her shoes.

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
  • 232
    View loans »
    Uganda Loans Fundraising
  • $29,183,825
    Funds lent in using Kiva
  • 2,525.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Jinja Central B Group's $4,850 loan helped a member to purchase more pairs of shoes to resell and pay for a market stall.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 2, 2011
Listed
Jun 30, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 28, 2012