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Annet's Group
In this Group: Annet, Ronald, Winnie, Alex, Godgrey
Annet N. is a hard-working single mother of four children, all of whom are in school. She has a business of managing her retail shop that she has owned for six years so far. As a result, she has been able to buy a plot of land for her children, attend to their medical bills, clothe them, as well as feed them single-handedly. Annet is not certain whether she would have managed without the help of loans and has no hope of giving up on borrowing. She now needs another loan to help with restocking her shop with more products for making more profits.

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
  • 326
    View loans »
    Uganda Loans Fundraising
  • $29,746,975
    Funds lent in using Kiva
  • 1,991.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Annet's Group's $1,250 loan helped a member restocking her retail shop.
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