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Margaret's Group
In this Group: Margaret, Jessica, Ddezi, Bonny, Christine, Christine, Rashid, Jane, Desirata, Augistine, Dodorico, Richard, Ruth, Magdallen, Juliet, Robinah, Modulu
Margaret is a married mother of 4 who runs a soft drink business. She has been running the business successfully for 8 years. She has expanded her business with previous loans, and wants to expand it yet further to take advantage of the dry 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
  • 319
    View loans »
    Uganda Loans Fundraising
  • $29,710,775
    Funds lent in using Kiva
  • 1,965.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Margaret's Group's $3,725 loan helped a member buy more refrigerators for soft-drink business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2009
Listed
Feb 25, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009