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Deus' Group
In this Group: Deus, Mary, Sarah, Margaret, Francis, Annet, Sula, Francis, Robert, Leonard, Lawrence, Grace, Solome, Julius, Godfrey, Benadette, Prossy, Ivan, Grace, Irene*
* not pictured
M. Deus is a determined and hardworking man who is married with seven children, all in primary schools.

Deus has had a business selling produce from Rugaaga III centre for four years and his biggest business challenge is the poor seasons but, through experience, he has learnt to deal with them. He is able to make UGX 150,000 as monthly profits and he hopes to expand his business further as well as to have a healthy, good family.

Deus needs a loan to be able to buy more produce for his business in order to avoid shortages for his customers. Deus is the leader of Rugaaga I Tutungukye group in Ibanda.

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

  • $1,500
    Average annual income
  • 222
    View loans »
    Uganda Loans Fundraising
  • $29,120,000
    Funds lent in using Kiva
  • 2,120.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Deus' Group's $4,825 loan helped a member to buy more produce to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2009
Listed
Jun 22, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009