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Nyabuliko Abagambakamu Group
In this Group: Winfred , Richard , Ezron, Omuhereza , Teopista*, Moses, Andrew, Yosam, Wilson, Moses, Zephania, Hakim, Franco, Oliva *
* not pictured
Winfred is a 42-year-old married woman with six children living in Kyenjojo, Uganda. She has been operating a salon business for eight years and she sold off one of her cows to start the business.

She is being faced with the problem of inadequate capital to meet the different needs of her customers and well equip her salon.

She has a personal goal of educating her children and building a permanent home and her business goal is expanding her business into new marketplaces.

Winfred wants a loan to buy cosmetics for her salon. She is a member of the above-mentioned group.

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
  • 308
    View loans »
    Uganda Loans Fundraising
  • $30,718,125
    Funds lent in using Kiva
  • 2,479.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Nyabuliko Abagambakamu Group's $2,225 loan helped a member to buy cosmetics for the salon.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2012
Listed
Aug 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 16, 2013