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Innocent's Group
In this Group: Innocent, Martin, Aggrey, Penina, Loyce, Penina, John, Molly, Knight, Fred*
* not pictured
T. Innocent is 30 years old and the leader of his lending group in Ibanda. He is a married man with 4 children all in primary and secondary schools as he also takes care of 4 dependants. Innocent has a hard ware shop in Engabisya trading center that has been running for over 10 years and he is able to make 400,000/= as monthly profits. He is a friendly and hard working man with a strong drive to succeed. He needs a loan to help restock his hard ware shop with more products like cement, iron sheets and bars in order to avoid a shortage. He is such a grateful man for the loans disbursed to him and his group members.

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
  • 242
    View loans »
    Uganda Loans Fundraising
  • $31,036,700
    Funds lent in using Kiva
  • 1,914.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Innocent's Group's $2,575 loan helped a member buying more hard ware equipment for increased stock.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 28, 2009
Listed
Sep 24, 2009
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2010