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Mukene Women's Group
In this Group: Nusula, Mariam, Rashid, Prosycovia, Betty, Kadija, Mary, Abudu Maliki*, Agines
* not pictured
Nusula has been selling fish for the last decade in Lugazi. Nusula is 45 years old and she is a mother to six children. She says she joined this business with the persuasion of close friends. Before that, she was involved in a food sales business. The ten years have been years where she has not only learnt the fundamentals of doing business, but also learnt the ways and means of making it profitable and successful.

The fact that Lugazi is near Lake Victoria is an advantage in her business in that she does not have to spend much in transport costs. The fact that fish sells highly on the markets in Lugazi and the surrounding towns is also another merit. Her biggest challenge, however, is the tight competition manifest in this trade. In some seasons too, the fish stocks in the lake go scarce, meaning the fishermen will not make many a catch. This, needless to say, adversely affects her business.

Nusula says she makes sales profits totaling up to Ugandan shillings 30,000 on a weekly basis. With this Kiva loan, Nusula says she is going to purchase more fish 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
  • 279
    View loans »
    Uganda Loans Fundraising
  • $29,556,625
    Funds lent in using Kiva
  • 2,590.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mukene Women's Group's $1,750 loan helped a member to purchase more fish to resell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2011
Listed
Jul 23, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 1, 2011