Check out some available loans that are similar to this one!
Sarah's Group
In this Group: Sarah, Monica, Jesca, Sebastian, Florence, Hasifa, Pamela, Sylivia, Florence, Lukiya, Charles, Madina, Betty, Margaret, Godfrey, Diana, Annet, Annet, Gertrude, Florence, Betty, Joelia, Aisha
Sarah N. is the chairperson of the Kyaterkera group Lugazi. She is 42 years old with a charcoal selling business; she has a workshop built with timber and iron sheets and stocks it with over 100 bags of charcoal each time she buys them from the charcoal burners. She has been in this business for a long time, winning her more customers every now and then as well as retaining the existing ones; the biggest advantage is that there is not too much competition in her area. She has a plan of including the sale of firewood to increase her daily income. She needs a loan to be able to buy more charcoal for sale.

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
  • 322
    View loans »
    Uganda Loans Fundraising
  • $29,709,600
    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 $4,150 loan helped a member more bags of charcoal for sale.
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