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Nabingo Tega Devt Group
In this Group: Alice, Agnes, Miria, Aisha, Edith, Christine, Resty
Alice, a member of the group, is a 30-year-old woman who operates a retail shop in Kyengera village. She began this business because she wanted to raise money to pay school fees for her children. She has two children who are both in school. Her main challenges include bad debtors, price fluctuations, and competition at her village. She would like to expand her business to get more income to support her children and meet their school fee requirements. Being in a group has increased the number of customers she has since they love supporting each other. She is hard working and honest.

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

  • $1,800
    Average annual income
  • 233
    View loans »
    Uganda Loans Fundraising
  • $31,033,550
    Funds lent in using Kiva
  • 2,655.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Nabingo Tega Devt Group's $1,625 loan helped a member to buy daily household items for her retail shop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 17, 2012
Listed
Dec 22, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013