Check out some available loans that are similar to this one!
Nyakitokoli Basubuzi Group
In this Group: Rose, Vangirini, John, Grace, Vanisi, Samuel, Milly, Augustine
Rose is a member of the above mentioned group where each member guarantees the other in accessing a loan. She is a fifty three-year-old married woman with seven children, living in Fort Portal, Uganda. In order to raise money to take her children to good schools, she decided to start a retail shop. Now three of them have graduated from university. She is also a farmer and mainly grows food crops. She faces hardships of price fluctuation and inadequate capital to meet the high demand. Her dream is a wholesale shop and buying more land for farming. Rose intends to use the loan to buy salt, beer, soda and sugar to sell.

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
  • 214
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,583.7
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Nyakitokoli Basubuzi Group's $1,050 loan helped a member to buy salt, beer soda and sugar to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2012
Listed
Nov 8, 2012
Currency Exchange Loss:
Possible
Ended:
May 19, 2013