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Kyanya Bakyara Group
In this Group: Eddy, Roben, Zaresi, Kezia, Joice, Peluce, Jeneva
Eddy is a 48-year-old married woman with four children who lives in Kasese, Uganda. For 13 years she has been operating a retail shop but also practices farming to earn extra income. Price fluctuations and inadequate capital are her major challenges, while her dream is to own a wholesale shop and educate her children. Eddy intends to use this loan to buy sugar and soap to sell. She is a member of the above-mentioned group, whose members guarantee each other when accessing a loan.

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
  • 292
    View loans »
    Uganda Loans Fundraising
  • $30,664,300
    Funds lent in using Kiva
  • 2,590.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kyanya Bakyara Group's $1,375 loan helped a member to buy sugar and soap to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 1, 2013
Listed
Aug 28, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014