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Joseph's Group
In this Group: Joseph, Rebecca, Judith, Aidah, Angella, Maria, Godfrey, Elijah, Jesca, Godfrey, Deo*, Teopista*
* not pictured
K. Joseph is a very hard-working and honest man. He is a businessman involved in shoe making and repair and he has been transacting his businesses from Mubende Town council for 12 years. He is 31 years old and married with 2 children both in primary section, and he takes care of other 2 dependents. Over the years, he has been able to increase his customer base because of the experience he has and as a result, he is able to make 300,000/= in profit a month.



Joseph has a dream of buying a shoe-making machine to make his work easier and faster as well as building his own house so he can stop renting. Joseph needs a loan so that he will be able to boost his business by buying new products like thread, shoe soles, heels, rubber, and so on.

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
  • 288
    View loans »
    Uganda Loans Fundraising
  • $31,111,650
    Funds lent in using Kiva
  • 1,950.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Joseph's Group's $3,650 loan helped a member buying materials for making shoes like thread, shoe soles, heels, rubber and many others.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2009
Listed
Sep 19, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010