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Tusakimu Group Masajja
In this Group: Josephine, Jane, Margret, Erisam, Betty, Robert, Swaiba, Thaddeous
Tusakimu development group was formed by the group members with the aim of developing their families and the community. The group is comprised of both men and women.
Betty, a group member, is a married mother of four children, all in school. Her main source of income is selling shoes from market to market, assisted by her husband. They do this to pay tuition and meet the necessities of their children. Their dream is to build a house of their own before their years advance. Her main challenge is working in the open where she is inconvenienced by weather changes. It gets either too hot or rainy at times, dislocating her business. Despite the challenges, she is positive that the situation will change and they will be able to find a permanent place to sell their stock.

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
  • 248
    View loans »
    Uganda Loans Fundraising
  • $28,966,450
    Funds lent in using Kiva
  • 2,705.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Tusakimu Group Masajja's $1,650 loan helped a member to buy more shoes to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2012
Listed
Jan 5, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013