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Old Tax Park Development Association. Group
In this Group: Elizabeth, Winniefred, Geraldine, Harriet, Victor, Maureen, Lawrence
Harriet is a member of Old Tax Park Development Association Group. She is a single woman with four children, who runs a banana stall in Kisugu market. The four children are all in school and their tuition is obtained by selling bananas as well as vending second-hand clothes during the children’s holiday.

Harriet intends to acquire more income in the future, expand her business, and see her children through school. She will use the loan to buy used clothing, so that she can get money to pay for tuition for her children's first school term. Harriet is hard-working and honest.

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

  • $1,500
    Average annual income
  • 383
    View loans »
    Uganda Loans Fundraising
  • $30,352,075
    Funds lent in using Kiva
  • 2,513.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Old Tax Park Development Association. Group's $2,800 loan helped a member to buy used clothing to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 3, 2014
Listed
Jan 13, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 20, 2014