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Yasin's Group
In this Group: Yasin, Monic, Medi, Florence, Steven, Bosco, Talibu, Andrew, Janet, Emmanuel, Simon, Gabriel*, Emmanuel*
* not pictured
K. Yasin is 66 years old, married and has seven children between the ages of 16 and 40. Three of his children are still in school and he also takes care of two orphans. K. opened a kiosk four years ago with money he saved from years of farming, and has applied for a loan to stock it with new merchandise to sell to his customers. His other goal is to build a house so that he can stop renting, since this is costly and difficult for him in his old age.

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
  • 229
    View loans »
    Uganda Loans Fundraising
  • $29,115,450
    Funds lent in using Kiva
  • 1,920.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Yasin's Group's $1,950 loan helped a member to restock his kiosk with more goods.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 10, 2009
Listed
Sep 24, 2009
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2010