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Nsaggu Akugoba Group
In this Group: Harriet, Joyce, Florence, Robert, Livingstone, Teddy, Agnes, Ebraki
After she failed to have a second child, Harriet’s husband left her for another woman, but this did not stop her from caring for her girl, who has now given her 7 grandchildren. She is 48 years old and has had a drug shop business at her home for 20 years, while she has been our client for 9 years. On top of this business, she also has a charcoal trading business, as well as a business selling spare car parts that she co-owns with her son-in-law. Her loan is to help her buy more drugs and buy more charcoal for sale.

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
  • 241
    View loans »
    Uganda Loans Fundraising
  • $31,036,700
    Funds lent in using Kiva
  • 1,715.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Nsaggu Akugoba Group's $2,150 loan helped a member harriet intends to buy more drugs, like Panadol and Fansidar, and charcoal.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 19, 2008
Listed
Mar 4, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 19, 2008