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Kabowa Group
In this Group: Ruth, Juliet, Joan, Prossy, Christine, Robinah
Ruth is a widow aged 40 years with four children of whom three go to school. She is a resident of Kabowa church zone and a member Kabowa developmental group located in Kabowa. Her business is hair dressing and selling cosmetic products. However she also has another side income from rent where she gets money to pay school fees and also look after her extended family.

She has borrowed a loan of UGX 500,000 which she will use to buy equipment for her salon as well as more cosmetic products. She is thankful to the institution for enabling them get money as low income earners.

The seventh person behind right is an Ugafode staff member.

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
  • 315
    View loans »
    Uganda Loans Fundraising
  • $30,618,975
    Funds lent in using Kiva
  • 2,594.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kabowa Group's $975 loan helped a member to buy salon cosmetics.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2013
Listed
Aug 7, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014