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Gakuweebwamunno Lending Group
In this Group: Christine, Joyce, Teo, Aminah, Susan , Hadijah, Lawrence, Harriet, Allen , Joyce, Rebecca, Ruth, Daniel
Christine N. is the chairperson of Gakuweebwa Munno women’s group in Lugazi. She has over 10 years business experience in selling new clothes for men, women and children at daily markets locally termed as “mubuulo.” Using her loans from Pearl Microfinance, Christine is able to boost her clothing business by buying more clothes by the bale, hence providing her customers with variety, as she comes to Kampala twice a week for shopping.


She is married with four children and stays with her children since her husband stays and works in Kenya. This means that she cares for her children and dependants, and only considers their father as the head of the family. She believes that without borrowing, waiting for funds from her husband would have made her life hard.

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
  • 147
    View loans »
    Uganda Loans Fundraising
  • $28,648,900
    Funds lent in using Kiva
  • 1,975.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Gakuweebwamunno Lending Group's $4,775 loan helped a member increased stock for her clothing selling business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 30, 2008
Listed
Jan 5, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2009