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Peace Group
In this Group: Primah, Reginah, Peninah, Luthy, Josias
Reginah acquired a loan through Peace Group. She is 49 years old and a widow surviving with four school-aged children, and a total of five dependents.
She started a restaurant business in the outskirts of Bushenyi to help meet the financial challenges of school fees and basic necessities for her family. Reginah hopes to expand her business, which started way-back in 1998, into a modern restaurant in Bushenyi. She works every day of the week apart from Sundays. Reginah hopes to purchase foodstuffs for her restaurant business.
Her clients are people in and around Bushenyi. However, because of the traditional dishes Reginah prepares, she attracts people from areas far and wide and especially those who prefer 'Eshabwe', one of the famous traditional dishes made out of cow ghee.
Reginah's challenges are debts, those who eat at her restaurant on credit, and that sometimes taxes are too harsh.

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
  • 284
    View loans »
    Uganda Loans Fundraising
  • $31,111,650
    Funds lent in using Kiva
  • 2,574.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Peace Group's $3,325 loan helped a member to purchase foodstuff for her restaurant business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2013
Listed
May 1, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014