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Karuma Move Together. Group
In this Group: Hellen, Anna, Zainabu, Everlyn, Docus, Nighty, Betty, Lucy, Molly, Alfred, Beatrice, Owiny, Jereman, Santo, Ajiko, Geofrey Collins, Lucy, Charles, Jimmy, David, Martine, Godfrey, Moses, Francis, Severino, David, Peter
Hellen is a 41-year-old married woman with four children living in a semi-permanent house in Masindi, Uganda. Her goal is to educate her children to the university level and also to build a permanent house. For 13 years she has been running a drugstore. She started with 200,000 shillings but now has 2,000,000 as working capital.

She has challenges with limited funds to buy the necessary drugs required by the market and her dream is to own a pharmacy. Hellen is requesting this loan to buy more drugs for her drugstore. She is a member of the above mentioned group where each guarantees the other in accessing the loan.

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
  • $31,090,750
    Funds lent in using Kiva
  • 2,335.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Karuma Move Together. Group's $4,375 loan helped a member to buy drugs for her drugstore.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 19, 2012
Listed
Feb 2, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012