Check out some available loans that are similar to this one!
Abdu's Group
In this Group: Abdu, Fatuma, Teo, Moses, Ronald, Ruth
Abdu is the leader of his lending group in Lugazi. He is 38 years old and married with four children between the ages of 3 and 15 years old. He also cares for six dependents. Abdu has been a bread vendor in Lugazi for eight years and his business has been mostly affected by the changing seasons as well as bad debts. Amidst all this, Abdu makes 150,000/= a week and this helps him pay school fees for his children and dependents, as well as save for future developments. He ensures that he makes and sells quality bread and this increases his sales.

Abdu has a dream of expanding his bakery so he can make more bread per day, plus cakes for increased income. He also vies to educate his children to the highest level of learning for self sustainability in the future. At the moment, Abdu needs a loan to help purchase more baking supplies to increase output.

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
  • 308
    View loans »
    Uganda Loans Fundraising
  • $30,664,350
    Funds lent in using Kiva
  • 1,890.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Abdu's Group's $2,300 loan helped a member purchase more baking supplies to increase output.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2009
Listed
Oct 19, 2009
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2010