Check out other loans that are currently fundraising!
Sarah's Group
In this Group: Sarah, Robinah, Florence, Joyce, Gertrude, Agnes, Norah, Jane, Norah, Gladys
Once again, Sarah M. is representing her fellow women of Twekembe Development group to seek a loan from Pearl Microfinance. She is a married lady with no children of her own, but with so many to cater for, mostly her husband’s children and other relatives.



Sarah has a retail shop and a milk-selling business thanks to the loans that have helped her re-capitalize her two businesses, hence coping with paying school fees for her dependents. She has benefited a lot through the loans she gets and with her last loan; she was able to start a dairy shop with some of the milk coming from her cows at home. She needs another loan to help with restocking her shop with more products.

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
  • 140
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 1,965.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Sarah's Group's $3,475 loan helped a member restocking her shop with more products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2009
Listed
Feb 25, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009