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Nakaseeta Savings And Credit Group
In this Group: Christine, Eric, Simon, Joseph, Abigeal, Margret, Peter, William, Edinus, Godfry, Peter, Dezi, Dezi, Robina, Deo, Godfry, Fiina, Roset, Stephen, Moses
Thirty-seven-year-old level-headed Christine is not your run-of-the-mill type of retail business woman. She has for the last 16 years showed forth diligence, determination, perseverance and tenacity in a predominantly male-dominated business setting. By doing that, she has made lots of headway, notwithstanding some drawbacks. Her diligence has been of vital consequence. Hard work to her has meant always being at the beck and call of her clients, listening to their needs and always solving the issues that come forth with fortitude and courage. Christine has seen the inside lane of success and has also borne witness to failure. The happily married mother of 5 says it has all been worthwhile.

Christine operates from Mityana. She set forth in this retail trade with savings from her farming business. She still does the farming and says it’s her second business. Weekly, her retail trade transactions generate her gross sales profits totaling up to 90,000 Ugandan shillings.

She says she will use her potion of this Kiva loan to purchase more retail commodities such as sugar, soap, cooking oil, maize flour, plastics, 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
  • 359
    View loans »
    Uganda Loans Fundraising
  • $30,339,150
    Funds lent in using Kiva
  • 2,570.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Nakaseeta Savings And Credit Group's $4,875 loan helped a member to purchase more retail commodities such as sugar, soap,cooking oil, maize flour, plastics, etc. to resell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2011
Listed
Jul 21, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 3, 2012