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Ronald's Group
In this Group: Ronald , Ali, Henry, William, Edwina, Rose
N. Ronald is the leader of his lending group in Kisoga. He has been a businessman, selling produce, for over 10 years. He is a farmer and also buys other produce (like beans, cabbages, onions and tomatoes) to supplement the vegetable stock from his farm. As a result of making some profits, Ronald has been able to buy 2 cows and a bicycle. This helps to transport the produce from the villages, for sale. His market area is mainly in Kayunga, Jinja and Lugazi and he is happy about the trend since he is able to supply his customers. Ronald needs a loan to be able to buy more produce 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
  • 235
    View loans »
    Uganda Loans Fundraising
  • $31,036,700
    Funds lent in using Kiva
  • 2,114.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Ronald's Group's $900 loan helped a member to buying more produce for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2009
Listed
Jun 19, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009