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Musyenene Women Group
In this Group: Selestine, Grace, Margret, Georgina, Scovia, Phiona, Janerose, Rahab, Yason, Jones
Selestine is a 50-year-old married man with three children living who lives in Kasese, Uganda. For the past four years, he has been operating a pharmacy. Selestine's major business hardships are customers not paying on time and inadequate capital to purchase stock.

Selestine is requesting a loan to buy drugs and medicines to sell. In the future, his personal goal is to educate his children and his business goal is to buy land to grow crops.

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

  • $1,500
    Average annual income
  • 148
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,482.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Musyenene Women Group's $2,700 loan helped a member to buy drugs and medicine.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 1, 2012
Listed
Jul 2, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013