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Boston Elshadai Devt Group
In this Group: Annet, Margret, Evelyn, Aidah, Edward, Zam, Jennifer, Maureen, Zam, William, Ruth, Josephine, Esther, Edith
Aidah is a married business lady with four children and a member of Boston Elshadai Development group who currently runs a tailoring business and a small retail shop in one of the city’s low-scale suburbs. Aidah is a responsible, hardworking woman who runs several business activities to sustain her family's pressing needs - something she has done for over ten years. She is only challenged by limited capital which she hopes will soon be history after the partnership with Kiva through UGAFODE. She will use the loan to buy an electronic sewing machine that will make her work faster and easier. This will increase her output and profits in the long run since she will be able to sew many clothes in a short time.

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.

Tags

About Uganda

  • $1,800
    Average annual income
  • 267
    View loans »
    Uganda Loans Fundraising
  • $31,047,900
    Funds lent in using Kiva
  • 2,513.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Boston Elshadai Devt Group's $2,525 loan helped a member to buy a sewing machine.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 3, 2014
Listed
Jan 17, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014