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One By One Group
In this Group: Florence, Peace, Catherine, Henry, Johnbosco, Betty, Umar, Millia, Rose, Dorah, Rose
Florence is a repeat client of the institution who has applied for ugx.800,000 She is a single mother with four children. She has been operating a pub in the city outskirts for four years now. The purpose of the loan is to pay school fees for her children and also to boast in the business. However, she wishes to borrow more money after this loan from the institution to expand her business. She and the other group members are so grateful to the institution for the financial assistance it provides to them. Seated in a blue chair is the Ugafode credit staff.

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
  • 270
    View loans »
    Uganda Loans Fundraising
  • $31,080,425
    Funds lent in using Kiva
  • 2,551.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of One By One Group's $1,925 loan helped a member to pay tuition for her children.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2013
Listed
Oct 3, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014