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Poverty Eradication Group
In this Group: Ruth, Sophia, Benah, Deborah, Annet, Janet, Florence, Shawari, Stephen, Christine, Robinah, Isha, Juliet
Isha is a single mother of eight children. She is divorced from her husband who had another wife. Five of Isha's children attend school and she also supports two additional dependants who are orphans. After her husband abandoned her, Isha opened a restaurant and also works as a cook at functions. Her business helps her to meet her family's needs single-handedly. Isha's main business challenge is debtors who eat food on credit, customers who pilfer utensils, and the fluctuation in food prices.

Isha is requesting a loan to buy cooking utensils and raw foods and sodas for the restaurant. She is a member of a loan group, which, as their name suggests, is geared toward eradicating poverty in their households. Despite challenges, Isha is determined to change the future of her family. In this photo, Isha is seated second seated from the right. Only 11 of the 13 group members are pictured because two members were absent with apology from the group meeting although the did sign the waiver form.

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
  • 106
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,580.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Poverty Eradication Group's $2,075 loan helped a member to buy cooking utensils and raw foods and sodas for her restaurant.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 1, 2012
Listed
Oct 16, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 18, 2013