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Tweheyo Humya Women Group
In this Group: Pasika, Aguba, Mary, Daphine Robert, Joyce, Paska , Evadesi, Aster, Oliver, Gideon, Yodesi, Joseline, Oliver, Nicholsa, Polina, Anet, Faith, Laheri, Rose, Agnes, Evades, Volonika , Edward, Furora
Pasika is a 22-year-old businesswoman, married with one child, and lives in Bundibugyo, Uganda. She has been selling rice for four years and received the initial capital from the savings she earned while she was still a food vendor. Price fluctuations, inflation, and inadequate capital to purchase stock are the major problems she faces.

However, her personal goal is to educate her child and her business goal is to move the business to a more permanent location. Pasika wants a loan to buy rice for selling. She is a member of the above-mentioned group, and as per group policy, each member guarantees the other access to a 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
  • 309
    View loans »
    Uganda Loans Fundraising
  • $30,718,125
    Funds lent in using Kiva
  • 2,475.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Tweheyo Humya Women Group's $2,775 loan helped a member to buy rice for selling.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 16, 2013