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Nyina Kigwengwe Chapel Group
In this Group: Jane , Robert , Patrick , Stephen , Stella, Veronica, Margret , Oliver , Kevin, Beatrace
Jane who is 28 years old lives a single life with her 3 children aged between 8 and 4: fortunately,all of them are in school. She owns a nursery school along with selling bed covers where she gets income which has sustained her and her children. She needs a loan to buy materials for making school sweaters to sell. She dreams of expanding her school with a strong foundation although she is being challenged by cunning parent defaulters who never pay tuition at all thus dragging her into big losses.

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
  • 142
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,637.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Nyina Kigwengwe Chapel Group's $1,475 loan helped a member to buy materials for making school sweaters to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2014
Listed
Jul 7, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2015