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Rose's Group
In this Group: Rose, William, Diana, Annet, Margaret, Shakira, Tizomu, Eliphansi
N. Rose is the leader of her lending group in Mubende. She is a devoted business lady with a shop selling new clothes of all kinds. She has been in this business long enough to know how to manage her finances well. She is grateful for her loans because they have helped her have enough stock of different kinds, hence winning her more customers. She says she can never forget her primary job of farming since living in a village like Mubende without a farm is rare, due to the fertile soils that favor their crops. Rose needs a loan to help with buying more clothes for sale, mostly from Kampala City.

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

  • $1,800
    Average annual income
  • 231
    View loans »
    Uganda Loans Fundraising
  • $31,010,850
    Funds lent in using Kiva
  • 1,975.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Rose's Group's $3,200 loan helped a member more clothes for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2009
Listed
Feb 22, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009