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Sawa Yakola Development Group
In this Group: Hope , Jack, Justine, Florence , Sam, Caroline, Jesca, Zahara
Florence is 36 years old, widowed, and has four children. She has also been taking care of two orphans for one year. She knits and has a small boutique where sells the sweaters. She sells some of her sweaters to a local school. She also has a small room that she rents out to get additional income.

Florence is requesting a loan, which she will use to purchase knitting wool. Her major challenge is the lack of electrical sewing and knitting machines, which would enable her make more sweaters faster and neater .She hopes to buy these machines in the future if more funding is made available. Her dream is to open up a knitting school in the future.

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
  • 283
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,560.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Sawa Yakola Development Group's $2,675 loan helped a member to purchase knitting wool.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2013
Listed
May 10, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014