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Zinunula Community Bank Nansana Group
In this Group: Jane, Jesca, Maureen, Ahmed, Augustine, Cotilda, Deborah, Jane, Abdu
For the past seven years, 29-year-old Jane has been running a general merchandise retail shop in Kampala. Jane is married and is a dedicated mother of two children. At her outlet, she sells a variety of commodities from wheat, maize flour, beans, rice, cooking oil, bread, plastics, to pens.

On a weekly basis, she has sales returns of around UGX 100,000. She says she will bank on proceeds from the loan to purchase more retail goods for resale.

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
  • 239
    View loans »
    Uganda Loans Fundraising
  • $31,040,150
    Funds lent in using Kiva
  • 2,327.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Zinunula Community Bank Nansana Group's $3,225 loan helped a member to purchase more retail goods such as maize flour, rice, beans, cooking oil, etc., to resell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 3, 2012
Listed
Feb 5, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 3, 2012