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Kitintale Devt Group
In this Group: Aminah, Lukia, Ramlah, Lawrence, Prossy, Sebi, Faridah, Sylivia, Gloria, Edith
The group is committed to support each other out of poverty.The stories belong to two people Prossy and sylivia who have two different kinds of businesses.

Prossy is married with 4 children. She sells fruits and vegetables in a relatively busy trading centre. She does the business to meet the needs of the family. She works hard to recover profits from the fruits, which are quite expensive and perishable, so she has to keep them under favorable conditions so that they do not go bad. She has managed to establish a good foundation for the children through educating them, as well as providing for their basic needs.

Sylivia, another group member, sells sweaters and uniforms to sell to some schools. The loan will help her overcome the challenge of limited capital and also help her to deliver her products in time. She is grateful to the group members for their continuous advice and encouragement in helping her to go on, even when times seem hard.

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
  • 289
    View loans »
    Uganda Loans Fundraising
  • $31,089,375
    Funds lent in using Kiva
  • 2,720.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kitintale Devt Group's $2,025 loan helped a member to buy fruits and vegetables and also buy threads for sewing sweaters.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2012
Listed
Feb 12, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013