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Polota Kakira Development Association Group
In this Group: Salama, Joweria, Amina, Amina, Margaret, Malita, Sharif, Betty, Harriet, Suzan, Henry, Nusula, Aisha
Salama M., in her mid 30’s, is the chairperson of Polota Kakira development association in Kakira. She is a hard working business lady with a salon that she has owned since 2000. She has rented the same premises since then. In the salon, she does all sorts of hairstyles like braiding, weaving, retouch, treatments and plus so much more. She uses mostly materials and chemicals that she buys from the moving beauty product trucks.This means that she does not have to spend money on transport. In addition to the salon, Salama also sells cold soft drinks and beers from a fridge in her salon selling to mostly her salon customers, neighbors and passers by. She sells soda, mineral water, juice and beers as another way of increasing her income. In the salon, Salama employs 3 girls who help to attend to the customers. She also has two more girls who are learning hairstyling from her. For each to learn, they pay about $120 for the six months course. Salama is grateful for her loans for the four years she has been in this association and this time round, she needs a loan to help her buy more weaves, braids and chemicals for her salon since most of them were used up during the festive season.

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
  • 291
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 1,952.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Polota Kakira Development Association Group's $4,325 loan helped a member weaves, braids, chemicals, and cold drinks to sell in her salon.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 6, 2009
Listed
Jan 10, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009