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Ruteete Twimuke Group
In this Group: Teddy , Stella , Topista, Bonny, Regina, Gladys, Stella
Teddy is a 60-year old single parent with six children living in a permanent house in Fort Portal, Uganda. Her family goal is to educate her children and finish work on her house.

She owns a boutique that she started ten years ago and faces a challenge of bad debtors. In spite of this, she is determined to transform her business into a big boutique specializing in children and women's wear. Teddy needs the loan to buy clothes to sell this Christmas season.

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
  • 291
    View loans »
    Uganda Loans Fundraising
  • $31,089,375
    Funds lent in using Kiva
  • 2,582.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Ruteete Twimuke Group's $1,675 loan helped a member to buy clothes to sell this Christmas season.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2011
Listed
Nov 27, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012