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Christopher's Group
In this Group: Christopher, Matiya, Sarah, Francis, Regina, Lule, Sadat, Ronald, Hawa, Oliver
K. Christopher is a hard working and determined man with a family of 4 children as he cares for two dependants. All his children are school going and he works tirelessly to ensure that he completes his children’s fees on time. He has a retail shop business where he sells general merchandise in Kungu – Kavule for 10 years and he is happy that he is able to make 100,000/= as profits a week. Christopher wants to turn his retail shop into a wholesale shop in future so that he can increase his profitability and take care of his family better. He needs a loan to be able to add it in his business as working capital so that his business can run smoothly.

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
  • 221
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,075.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Christopher's Group's $3,025 loan helped a member restocking his retail shop with more goods for increased profitability.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2009
Listed
Aug 24, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010