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Kiira Womens Group
In this Group: Resty, Lukia*, Rose, Ismail, Topista, Atony, Muzaki, Patrick
* not pictured
40-year-old Resty found her bearings in a Pub Business five years ago in Lugazi. Resty, who is a mother to four, was prior to this mostly inclined to subsistence farming. She still regards the day she set forth in this business as a watershed moment. Watershed in the sense that she has been able to better her family's standard of living with earnings from her business transactions. Before this, she was mostly relying on a small income from food sales.

The Pub business has been paying dividends though she says she still has a lot of leeway to make up if she is to notch up more success in this enterprise. The Pub business is highly competitive and one needs to restock constantly with a variety of hard and soft beverages to meet the growing demands of clients. Her business has the potential to make headway in leaps and bounds provided she stays focused.

This business is one of the most lucrative businesses in the country at the moment and Resty knows hard work and the further revamping of her services and facilities will help a lot.

She carried out some refurbishment on her facilities late last year and the upshot was increased partiality to her services. That was, however, short lived as the operating costs shot up. Because she was paying more for rent, she was hard pressed in restocking with the best beverages that her clients ask for. However, she managed to take that in her stride. Monthly she says her gross sales profits total up to Ugandan shillings 200,000. Resty says she is requesting this Kiva loan to purchase more crates of both hard and soft beverages like sodas and beers 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
  • 105
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,590.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kiira Womens Group's $2,325 loan helped a member to purchase more crates of both hard and soft beverages like sodas and beer to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2011
Listed
Jul 23, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 6, 2012