Check out some available loans that are similar to this one!
Nambale Mixed Group
In this Group: Susan, Leotina, Abdu, Falozia*, Sylivester, Hadija, Atire, Laurencia*, Sarah, Fausta, Judith, Margret, Sam, Mesearch, Joice
* not pictured
Most people take the plunge into business ventures notwithstanding the risks involved. It goes without saying that most people join business with a mindset inclined towards profit making. Most people invariably take both the rough and the smooth in their journey. Hard work is always of the first magnitude if any business undertaking is to make any kind of headway. The past 15 years have been years of grit, determination and tenacity for 35-year-old Susan as she has gone about her drug sales business in the metropolis of Mityana in central Uganda. Susan is worth her salt in every sense of the word in her pharmacy business at present. The happy-go-lucky mother of four says her business has been in the running with customers as well as seeing profits increasing.
Susan has however had her fair share of adversity. On many occasions, she has been running short on drug supplies at her pharmacy. What in most cases compounds her problem is the lack of capital to purchase more drugs to resell. She says, however, when there are enough drugs at her pharmacy, she rides high on sales income. Susan says she set forth in this business after medical school. On the side, she ekes out a side income from a small farming business. With this Kiva loan, Susan says she will purchase more drugs for resale.

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
  • 289
    View loans »
    Uganda Loans Fundraising
  • $31,089,375
    Funds lent in using Kiva
  • 2,650.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Nambale Mixed Group's $2,475 loan helped a member to purchase more drugs for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2011
Listed
Aug 8, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 2, 2012