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Mukokoma Bakyara Group
In this Group: Aida, Joyce, Sarah, Grace, Regina, Faibi
Sarah, the chairperson of Mukokoma Bakyara group operates a stall of mixed food items such as plantain and vegetables among others in Lyantonde central market. She used her previous loan to buy a stall of her own and is now able to use the money previously used to pay rent to buy more stock. She will now buy more items to sell so that she can satisfy the needs of her customers.

As the group chairperson she strives hard to pay well and expand her business, and to live and act as an example to other women in the group, especially whenever she gets a new loan. She is very hardworking and confesses that the loan has helped the women in the group to be self-sufficient without having to depend on their husbands for everything.

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
  • 152
    View loans »
    Uganda Loans Fundraising
  • $28,672,675
    Funds lent in using Kiva
  • 2,695.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mukokoma Bakyara Group's $975 loan helped a member to buy food items for sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2012
Listed
Nov 28, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013