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Edward's Group
In this Group: Edward, Mary, Betty, John, Christine, Faridah, John Bosco, James, Grace, Sunday, Teo, Martha, Justine
Edward K. is the leader of Zibula Atudde group in Mityana. He is a hard working and devoted member of his lending group. Edward has had a produce selling business for over 10 years whereby he buys produce from fellow farmers and sells again to the traders in the various markets and trading centers. He has a store where he stocks his produce for easy access. He needs a loan to be able to buy more produce for his stock so that he will be able to make more profits that can enable him to care for his family’s needs.

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
  • 121
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,096.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Edward's Group's $5,000 loan helped a member to buy more produce for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2009
Listed
Jul 23, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2009