Check out some available loans that are similar to this one!
Muhokya Twekambe Gp Group
In this Group: Mary, Happy, Jane, Erika, Topista, Francisca
Jane is a 50-year-old married woman with four children of whom two go to school. She has been in the restaurant business for 13 years. Her restaurant is located in the rural area and she works seven days a week and 12 hours a day.

She ventured into this business to generate income and to look after her her family after vowing to fight the poverty that she went through in her childhood.

She hopes to expand her business into new markets, however, debtors and few customers are challenges being faced.

Jane is requesting a loan to buy food to use in her restaurant. She is a member of a group in which each member guarantees the other to get 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.

Tags

About Uganda

  • $1,800
    Average annual income
  • 231
    View loans »
    Uganda Loans Fundraising
  • $31,013,475
    Funds lent in using Kiva
  • 2,463.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Muhokya Twekambe Gp Group's $1,325 loan helped a member to buy food to use in her restaurant.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2014
Listed
Feb 15, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014