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Kahangi United Group
In this Group: Stellah, Francis , Charles , Julius, George, Steven, Robert, Joyce , Ssemu, Resty, Margret, Patrick , Patrick , David , Pater , Joseph, Samuel , Fortunate
Stellah is a 38-year-old married woman with five children living in Fort Portal, Uganda. She has been running a retail shop, and in addition to that, she is practicing crop production as a side business. Her challenges include inadequate capital to meet the demand, price fluctuations and high transport costs. However, despite these problems, she dreams of educating her children up to the university and modernizing her agricultural practices. Stellah intends to use the loan to buy sugar, salt and maize flour to sell. She is a member of the above mentioned group, in which each person guarantees the other in accessing a loan.

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
  • 2,607.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kahangi United Group's $2,175 loan helped a member to buy more sugar, salt and maize flour to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 19, 2013