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Ndejje Tusubira Group
In this Group: Christine, Kayima, Zaituni, Jane, George, John

Update on Ndejje Tusubira Group

Christine is a single mother of four, a member of Ndejje Tusubira development group, who is currently running a beauty shop that sells hair products for women. She has been in this business for the last 15 years. Like most single mothers, Christine's major problem is of limited capital to increase her business and to cater for her family's wellbeing. She is grateful to Ugafode for supporting their business ventures and giving them loans when they are in need. She believes she will make a lot of profits this season since her shop will be well stocked. She is hardworking and honest.

Previous Loan Details

John has been in the group since 2003. He joined the group when he was jobless and depended on riding other people's motorcycles to earn a living. With the help of loans John was able to buy his own motorcycle and is now building a house where he can reside with his family so that he saves on... More from Ndejje Tusubira 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.

Tags

About Uganda

  • $1,500
    Average annual income
  • 219
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,500.0
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Ndejje Tusubira Group's $5,725 loan helped a member to buy beauty products.
99% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2013
Listed
Dec 23, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015