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St Veronica Group
In this Group: Mary, Defrosa, Janerose, Eva, Francis, Mary, Jane, Naume, Teddy
Mary, a 33-year-old married woman with five children living in Kasese, Uganda, has been operating a retail shop for four years and also earns a salary as a civil servant. Realizing that her meager government salary could not help her meet the needs of her family, she began the business. Like most retail shop owners she faces the challenges of price fluctuations and license fees, while her dream is to own a wholesale shop.

Mary intends to use her portion of the loan to buy soda, salt, cooking oil, paraffin and soap to sell. She is a member of St. Veronica's Group, whose members guarantee each other's loan repayments.

Additional Information

Important Information

This loan provides farmers and low-income entrepreneurs from underserved rural areas with access to financial services. By supporting this loan, you allow more farmers and rural entrepreneurs to access capital.

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
  • 116
    View loans »
    Uganda Loans Fundraising
  • $33,852,025
    Funds lent in using Kiva
  • 2,583.7
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of St Veronica Group's $1,375 loan helped a member to buy soda, salt, cooking oil, paraffin and soap to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 19, 2012
Nov 7, 2012
Currency Exchange Loss:
Dec 18, 2013