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Mary's Group
In this Group: Mary, Robinah, Maureen, Magie, Betty, Aisha, Grace, Hafuswa, Sarah, Luyiga, Jane, Madinah, Hanifa, Sylivia
M. Mary is the chairperson of Tukolere wamu lending group in Masajja, Uganda. The group meets at her home. Mary has run a retail shop for over 9 years and the shop has never failed since she joined her group. Mary is a married lady with 6 children, 3 of whom are in school, and she cares for 4 dependents who are all in school. Her loans help her so much in her shop that she can pay the school fees and upkeep. She needs her portion of the group loan to help with restocking her shop with sugar, soap, salt, cooking oil, paraffin, eggs, and so much more .

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
  • 154
    View loans »
    Uganda Loans Fundraising
  • $28,711,800
    Funds lent in using Kiva
  • 1,990.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mary's Group's $3,900 loan helped a member to purchase inventory.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 29, 2008
Listed
Jan 25, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2009