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Kamengo United Group
In this Group: Yusta, Moses, Adolf, Violet, Amos, Denis, Jesca , Joyce , Pelusi, Charles , Olive, Jane, Jesca, John, Glorious, Betty
Yusta is a member of the above-mentioned group where each one guarantees the other in accessing a loan. She is 49 years old and lives in Fort Portal, Uganda. Her main business is running a fresh food business alongside catering to boost her income.She faces the challenges of the perishability of her stock due to lack of appropriate preservation equipment and her vision is educating her children to higher levels of learning and buying refrigerators. Yusta is requesting a loan to buy fresh foods to sell.

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
  • 156
    View loans »
    Uganda Loans Fundraising
  • $28,703,800
    Funds lent in using Kiva
  • 2,600.6
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kamengo United Group's $1,600 loan helped a member to buy fresh foods to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2013
Listed
Jun 22, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 23, 2014