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Alinyikira Womens Association Mutundwe Group
In this Group: Resty, Shamim, Safina, Teopista, Rose, Bridget, Jane, Justine, Efrance, Mary, Zaharah, George, Naphie, Janet
40-year-old Resty has been plying her poultry business for the past 10 years. The happily married mother of five says she began this business out of her her own enterprise. The lucrative business nature and high demand for chicken in Kampala, where she operates from is what precipitated her decision to join.

She says influence from close family and friends also contributed to her decision. Prior to that, she was involved in mostly odd jobs in and around Kampala, principally working in the decoration business.

Weekly she says this business generates gross sales revenue to the tune of Uganda shillings 50,000. Her optimism is high however. She says with this Kiva loan, her business prospects will get that improved lease on life that she has invariably wanted.

She plans to use her loan to purchase chicken mash and more chickens 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
  • 220
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,780.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Alinyikira Womens Association Mutundwe Group's $4,825 loan helped a member to purchase chicken mash and more chickens to resell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2011
Listed
Aug 23, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 2, 2012