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Justus' Group
In this Group: Justus, Kellen, Jeska, Nabooth, Enid, B, Sonia, Angela, Loy
R. Justus is 75 years old and is married with seven children. He is the leader of his group Rukungiri. Five of his children have university degrees and the other two are soldiers in the Ugandan army. R.’s business specializes in grazing and crop husbandry and generates 250,000 USH in profits per week. He has worked very hard to achieve his success, starting out as a simple shopkeeper and responsibly saving any money he made. R. would like to use the requested loan amount to buy bulls and fertilizers. His dream is to one day be able to purchase a modern farm. Additionally, he hopes to maintain a stable family life.

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
  • $31,055,375
    Funds lent in using Kiva
  • 1,880.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Justus' Group's $3,575 loan helped a member to purchase bulls and fertilizers.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2009
Listed
Nov 4, 2009
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2010