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Abekundire Women's Group
In this Group: Charity, Betty, Willington, Stephen, Vicent, Robert, Betty, Flora, Sharon
Abekundire Women's Group is a group of men and women, living within Ibanda town council, mainly traders, farmers and several other occupations.

Charity, now 45 years old, is a widow member of the group who operates a small retail shop and raises poultry for supplementary income. She has responsibility for taking care of six children, whom her late husband left behind. Despite being a single mother, Charity has been able to cope with life and can now ably look after her family with ease.

Charity's main challenge is that she wants to construct a permanent poultry house in order to protect her birds from theft and bad weather. She has, therefore, applied for a loan of UGX 500,000 to assist her in buying construction materials.

Additional Information

More information about this loan

This loan is part of UGAFODE”s Micro Mortgage Loan program.  Many of these clients are currently renting and these loans allow them to own their home and provide for their families. This may be their first home, or renovation to homes not fit for habitation.  By building and renovating, borrowers who utilize these loans have improved health and safety through a stronger structure and better protection from the elements.  UGAFODE offers these loans to cover essential costs like labour and material so borrowers can provide adequate shelter and sanitation facilities for their families.

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
  • 109
    View loans »
    Uganda Loans Fundraising
  • $28,637,175
    Funds lent in using Kiva
  • 2,580.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Abekundire Women's Group's $1,325 loan helped a member to buy building materials for a poultry house.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 10, 2013
Listed
Jul 24, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013