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Jaka's Group
In this Group: Jaka, Nobert, James, Victor, Sam, Moses, Peace, Syliva, Justus, James
B. Jaka is the leader of his lending group in Kihihi. He is 43 years old and married with 10 children, of whom 4 are in school, as he takes care of other orphans. Jaka is friendly and hard-working, dealing in agriculture mostly in the selling and buying of green bananas and tea leaves from Mayanja Cell for the past 22 years. He is able to make 700,000/= as profit a month. He is grateful that he was able to secure a good location for his business hence attracting more customers. His motive is to become very rich to the advantage of his family.



Jaka needs a loan to help with buying more tea leaves for resale; his previous loans have helped him with paying his wages on time.

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
  • 227
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 1,861.0
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Jaka's Group's $3,175 loan helped a member buying more tea leaves for resale.
99% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2009
Listed
Dec 8, 2009
Currency Exchange Loss:
Possible
Ended:
Jul 20, 2010