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Ruth Kato Group
In this Group: Ruth, Irene, George, Margaret, Musa, Barbara, Madina, Margaret, Isma
K. Ruth is 43 years old and married with 6 children, all school-going. She has a retail business of selling produce that she harvests from her farm as well as buying from fellow farmers in instances where she does not have enough for her customers. As a result, Ruth has been able to pay school fees for her children as well as improve her home by buying household items. Plus she buys animals that she keeps at her home basically for sale when they are mature. Ruth seeks a loan to be able to buy more produce for sale.

She is a member of the Kwewayo Namukozi lending group in Mityana, and they are applying for a group loan. The other women will use the loan for similar purposes.

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.

About Uganda

  • $1,500
    Average annual income
  • 158
    View loans »
    Uganda Loans Fundraising
  • $28,318,675
    Funds lent in using Kiva
  • 2,000.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Ruth Kato Group's $1,875 loan helped a member ruth seeks a loan to be able to buy more produce for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 3, 2008
Listed
Dec 10, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009