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Bwanda Bakyara Kwetungura Group B
In this Group: Enid, Fred, Johnson, Deus, Grace, Nelson*, Leodina, Deborah, Gerald*, Alfred, Francis
* not pictured
34-year-old Enid is a retail businesswoman who plies her trade in Rukungiri town in western Uganda. The mother of three began her business 10 years ago with savings from her farming business. The farming business, which she runs on the side, is pivotal to her business in the sense that she reinvests most of her food sales profits into her retail business. This means she constantly restocks her retail business with commodities when demand is high at her shop and when she is running short on commodities. This is one factor that helps her business stand in such a good stead and makes her confident about the future prospects of her trade. This, in combination with her diligence and will power, are sure shot winning calling cards. Enid also does some goat and pig husbandry. Monthly, she says, this business generates her sales revenue totaling up to Ugandan shillings 150,000.
With this Kiva loan, Enid says she is going to purchase more retail commodities such as sugar, salt, cooking oil, maize flour, 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

  • $1,800
    Average annual income
  • 236
    View loans »
    Uganda Loans Fundraising
  • $31,030,850
    Funds lent in using Kiva
  • 2,600.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Bwanda Bakyara Kwetungura Group B's $1,550 loan helped a member to purchase more retail commodities such as sugar, salt, cooking oil, maize flour, etc to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 7, 2011
Listed
Aug 2, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012