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Jubilee Tukore Group
In this Group: Mallen, Rose, Saidat, Gloria, Jolly, Molly, Stella, Hickson, Ruth, Joy

Update on Jubilee Tukore Group

Saidat is a member of Jubilee Tukore located in Ibanda town. This is a group consisting mainly of women running small businesses such as street vendors, restaurants, second hand clothing and agriculture. Saidat’s trouble came in 1995 when she lost her husband and she was left with the responsibility of looking after four children. She then joined the group and started selling second hand clothes which has sustained her. She has now started a second business of selling pancakes to the nearby schools. Saidat's main challenge is harsh weather since most of her work consists of selling from door to door. She has now applied for a loan to expand her second hand clothing business.

Previous Loan Details

Jubilee Tukore Group is located in the center of Ibanda Town. The group is mainly comprised of women whose major activity is trade and agriculture. They fall into several family demographic categories, including divorced, widowed, single mothers, and a few who are married. Rose is a single mot... More from Jubilee Tukore Group's previous loan »

Additional Information

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 321
    View loans »
    Uganda Loans Fundraising
  • $30,632,375
    Funds lent in using Kiva
  • 2,593.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Jubilee Tukore Group's $2,625 loan helped a member to buy second hand clothes to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2013
Listed
Jul 17, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014
This photo was used before for a previous loan for Jubilee Tukore Group. It was first posted on Kiva on Jan, 2013. Learn More