Check out other loans that are currently fundraising!
Mpara Abagamba Kamu Traders Group .a
In this Group: Gertrude, Anne, James, David, Annet, Wilson, Venisia*, Omuhereza, Joselyn, Nusula, Jane, Rosette*
* not pictured
Gertrude plies a clothing business in Mubende Market. She set forth in her business with savings from her previous farming business. The profitable nature of the aforementioned business was a motivator in her decision.

Gertrude comes across as a warm, lighthearted and congenial business woman. These attributes have won her laurels and golden opinions. It partly uncovers why her business has been making lots of headway ever since its inception. Along the way, she has had to bear with the inevitable adversity that plagues every business. Her determination, strong resolve, tenacity and upbeat attitude have, needless to say, been momentous.

Monthly, Gertrude says, this business's gross sales revenue totals to Uganda shillings 200,000. Gertrude's Group is receiving a loan from Pearl Micro-finance for the 4th time now and their repayment record has been good enough. She intends to use this Kiva loan to purchase more clothes 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
  • 312
    View loans »
    Uganda Loans Fundraising
  • $30,637,850
    Funds lent in using Kiva
  • 2,770.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mpara Abagamba Kamu Traders Group .a's $3,225 loan helped a member to purchase more clothes to resell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2011
Listed
Aug 24, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 28, 2012