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Balibaseka Group
In this Group: Teopista, Ben, Marget, Margret, Sophia, Safina, Jane, Fatuma, Harriet
Teopista is a 46-year-old woman with a refreshment business. She has a family of 5 children, one of whom goes to school. Teopista currently looks after her grandchild who lost a mother and goes to school too. She works at her business seven days a week and at times she sells fish to increase her income to meet her family needs. Her major clients are government officials. She hopes that this loan will help her buy fish, for which there is a market, and also increase her stock of refreshments. Her hard work and good customer service has helped her to attract many clients.

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
  • 358
    View loans »
    Uganda Loans Fundraising
  • $30,344,450
    Funds lent in using Kiva
  • 2,544.6
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Balibaseka Group's $1,225 loan helped a member to buy fish and increase refreshment stock.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2012
Listed
Oct 16, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 18, 2013