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Florence's Group
In this Group: Florence, Janet, Fatuma, Joan, Tabitha, Sarah
Florence M. is a very hard-working lady who has managed to run her retail shop for 3 years while also selling old clothes in daily markets in and around Jinja. She has seen her businesses grow and has built a strong customer base in almost all of the markets she moves to with the help of loans. All of her children are in school because she can afford to pay for their fees while also providing food and clothing. Florence needs a loan to help buy more products for her shop, as well as a bale of used clothes 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

  • $1,800
    Average annual income
  • 264
    View loans »
    Uganda Loans Fundraising
  • $31,047,900
    Funds lent in using Kiva
  • 2,081.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Florence's Group's $2,175 loan helped a member buying more shop products and a bale of used clothes for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2009
Listed
Mar 25, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009