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Monica's Group
In this Group: Monica, Sam, Moses, Aminah, Betsy
A. Monica is the leader of Bufunda United group in Ibanda. She is a married lady with 5 children aged 4–14, all of whom are in school. She is a hard-working and friendly lady, who has had a drug shop as her business for 8 years. Her experience and the location of her business on the Ibanda main street make it successful. She has been able to pay school fees for her children and also provide essential necessities to them. Her previous loans have always helped her in avoiding shortages, allowing her to stock the drugs that she and her patients would need. At the moment, she needs a new loan to help her buy more drugs for her drug shop.

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
  • 136
    View loans »
    Uganda Loans Fundraising
  • $33,608,925
    Funds lent in using Kiva
  • 2,070.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Monica's Group's $1,850 loan helped a member buying more products for her drug shop.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Jun 5, 2009
Jun 23, 2009
Currency Exchange Loss:
Oct 15, 2009