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Kyabolokya Women Group
In this Group: Specioza, Lifina, Pascal, Alfred, Banage, Zyane
Specioza is a thirty-eight year old married woman with five children living in Kasese, Uganda. Fourteen years ago she decided to invest in a retail shop and has since reaped tangible benefits such as the ability to pay school fees for her children and purchase land. She has many customers since her business is located on the Congo-Uganda border. Inadequate capital and price fluctuation are her major hardships while her dream is to open another outlet. Specioza intends to use the money to buy fish, palm oil, sugar, soap and clothes 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
  • 149
    View loans »
    Uganda Loans Fundraising
  • $28,307,700
    Funds lent in using Kiva
  • 2,475.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kyabolokya Women Group's $1,675 loan helped a member to buy fish, palm oil, sugar, soap and clothes to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2012
Listed
Nov 27, 2012
Currency Exchange Loss:
Possible
Ended:
May 20, 2013