Richard Atwemereireho's Group


Status: Paying Back

$3,850.00   Loan Amount
0% repaid

About the Group

Group Name: Richard Atwemereireho's Group
Group Members: Richard Atwemereireho
Julius Nyerere
Yona Baturoka
David Ahimbisibwe
Mercy Bagarukayo
Anna Tuganeyo
Omugisha Tuhairwe
Asia Naturinda
Peace Twinomujuni
Kellen Mutabuza
Lillian Komuhendo
Location: Bushenyi, Uganda
Activity: Bakery

About the Loan

Loan Amount: $3,850.00
Loan Use: To buy ingredients and supplies for a bakery.
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 1, 2009
Date Disbursed: Oct 16, 2009
Date Funded:Nov 2, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,890.0000 UGX = 1 USD



Richard Atwemereireho leads a loan group in the town of Bushenyi. He is 46 years old, married and has three children, all of whom are in school. He is also raising two orphans.

Richard is a businessman who makes a living running a bakery that he inherited from his father and has successfully run for more than 10 years. He sells his goods to people in suburbs, secondary schools, a local college and in other shops. His main challenge is securing the ingredients he needs to bake, such as flour and oil.

Richard has a motorcycle that makes it easy for him to distribute bread, doughnuts, cookies, pancakes, kebabs and chapattis. His dream is to open a store in a suburban town and buy a van so that he can expand his customer base and make enough money to send his children to college. He has applied for this loan to buy more raw materials for baking such as firewood, flour and cooking oil. Without loans like this, his business would not be nearly as successful as it is. He is determined to earn a larger income and make sure that his family lives well.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

Subscribe

Lenders to this group

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

Bjarne
Århus,
Denmark

Anri
New York, NY
United States

Melissa
Tucson, AZ
United States

Jacqueline
Fort Edward, NY
United States

Greg
Sudbury, MA
United States

Barbara
Miltown Malbay, Clare
Ireland

Greta Galeazzi
GALEAZZI GRETA, EUROPEAN CITIZEN
Italy

linda
Venice, CA
United States

Jonathan
York, North Yorkshire
United Kingdom

Richard
Pocatello, Idaho
United States

St. John the Confessor
Ipswich, MA
United States

Paul & Kristen
Lebanon, NH
United States

Brian
Columbus, Ohio
United States

John
Lafayette, CA
United States

Holly
San Francisco, CA
United States

John
Aberden, Aberdeen City
United Kingdom

Jason
Stafford Springs, CT
United States

Jarvist
Deal, Kent

Anonymous
Blacksburg, VA
United States

Neal and michelle
marietta, GA
United States

roberta
encino, CA
United States

Baker
Murfreesboro, TN
United States

Mark
Gloucester, Gloucestershire
United Kingdom

Anonymous
Apex, NC
United States

Matthew

United States

Kristen
Currumbin Valley, Queensland
Australia

Ben
Vancouver, WA
United States

Barb & Rob
Eureka, CA
United States

Paul
Ann Arbor, MI
United States

Vicki
Spokane, WA
United States

Anonymous
Mountain View, CA
United States

Anonymous
McMurray, PA
United States

Anonymous
Altadena, CA
United States

Suzanne
Lafayette, CO
United States

Maria & Sophie
Menlo Park, CA
United States

Steve
Melbourne, Victoria
Australia

Anonymous
Baltimore, MD
United States

Anonymous
Cedarpines Park, CA
United States

Poverty2Prosperity
San Francisco Bay Area, CA
United States

Jasmit
Tumwater, WA
United States

James and Shell
Queanbeyan, New South Wales
Australia

Anonymous
Seattle, WA
United States

Anonymous
Tulsa, OK
United States

ARTHUR
STANWOOD, MI
United States

Alexandra
Scarsdale, NY
United States

Brandon
Hamilton, OH
United States

Karin
Swampscott, MA
United States

Robert
Asheville, NC
United States

Nicole
San Francisco, CA
United States

Ashley
Princeton, NJ
United States

Doug
Tempe, AZ
United States

Brian
Atlanta, GA
United States

james
solana beach, CA
United States

Evan
Reading, MA
United States

peter
calgary, Alberta
Canada

Randall
Corcoran, MN
United States

Iztok
Charlotte, NC
United States

Brother Bernard
Brodheadsville, PA
United States

Anonymous
Columbus, OH
United States

Karen
Harrisville, RI
United States

David
San Antonio, TX
United States

Granath Family
Salt Lake City, UT
United States

Kentucky Avenue
Pittsburgh, PA
United States

Toshifumi
Singapore,
Singapore

Melinda
Perth, Western Australia
Australia

Sonja & Martin
Hong Kong,
Hong Kong

Richard
San Jose, CA
United States

Kimberly
Foothill Ranch, CA
United States

William
Paradise Valley, AZ
United States

Julie
Atlanta, GA
United States

Ed
Omaha, NE
United States

Keith
Kingston, Ontario
Canada

Max
Pawtucket, RI
United States

Karin
Vancouver, BC
Canada

virginia
carmel valley, CA
United States

XIAO & Heidi
Baldwin, MD
United States

James
Montreal, Quebec
Canada

sara
USAF Academy, CO
United States

Anonymous
Arlington, MA
United States

Denise
Bellingham, WA
United States

Lucia
Blackduck, MN
United States

Claudia
Columbia, MO
United States

Sylvia & Brooks
Severna Park, MD
United States

Susan
Sturgis, SD
United States

Ray
Forrestfield, Western Australia
Australia

Mr. Schipper's Class
Salinas, Ca
United States

John
Saint Paul, MN
United States

Justin
Quitman, MS
United States

Drew
Buffalo Grove, IL
United States

Peter
Toowoomba, Queensland
Australia

Brad
Bozeman, MT
United States

Anonymous
Seattle, WA
United States

Peter
northcote, Victoria
Australia

Anonymous
Olinda, Victoria
Australia

Garrett
Cotati, CA
United States

Scott
Toronto, Ontario
Canada

David
Riverside, CA
United States

Debbie
Napa, CA
United States

USI
Evansville, IN
United States

Ann
Dayton, OH
United States

Maxwell
Honolulu, HI
United States

Elizabeth
Boise, ID
United States

David D
Westport, CT
United States

Vang
Huntington Beach, CA
United States

Emmanuel
Orono, ME
United States

Scott

United States

Alden
Winston Salem, NC
United States

John
Toronto, Ontario
Canada

Beatriz
New York, NY
United States

Ruvini
Montgomery Village, MD
United States

Jessica Jane
MINNEAPOLIS, MN
United States

Anonymous
Mississauga, Ontario
Canada

Merrill
Palm Coast, FL
United States

Kean-Leong
Georgetown, Penang
Malaysia

Jereme
Effingham, IL
United States

Alan
Seattle, WA
United States

Christine
Seattle, WA
United States

Marc
Menlo Park, CA
United States

Matthew
Frewsburg, NY
United States

Pat
Jackson, GA
United States



Top Lending Teams for this group


Kiva Christians
Friends
3089 Members

Poverty2Prosperity.org - Poverty-Escape
Businesses
1663 Members

Australia
Local Area
1494 Members

Unity
Common Interest
1 Member

Journal entries for Richard Atwemereireho's Group


Loan has been disbursed
 
Entrepreneur: Richard Atwemereireho's Group
Location: Bushenyi, Uganda

Thank you for your loan. It has been disbursed to Richard Atwemereireho's Group, consisting of Richard Atwemereireho, Julius Nyerere, Yona Baturoka, David Ahimbisibwe, Mercy Bagarukayo, Anna Tuganeyo, Omugisha Tuhairwe, Asia Naturinda, Peace Twinomujuni, Kellen Mutabuza, Lillian Komuhendo by Pearl Microfinance Limited in Uganda. We are excited to watch this business grow. Over the 3 months of this loan, Pearl Microfinance Limited will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Bushenyi, Uganda
Nov 3, 2009
Comment on this entry

Kiva Help Repayment Schedule for Richard Atwemereireho's Group

  Expected Repayments Actual Repayments Comments
January 2010 $1,443.75 Available Jan 1  
February 2010 $962.50 Available Feb 1  
March 2010 $962.50 Available Mar 1  
April 2010 $481.25 Available Apr 1