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Mugandu Group, Kihihi
In this Group: David, Adriano, Nyansio, Silver, Peter, Ustina, Stephen, Rose, Oliver, Jeremiah, Godius, Naris, Cosma, Sulaiman, Maria, Maxim, Remigious, Sylivia*
* not pictured
N. David is the leader of his lending group in Kihihi. He is 28 years old and married with one child only one year old.

David is a businessman involved in agriculture. He keeps animals for meat and for sale and the challenge he has is that animal vaccines are in short supply and hence more expensive.

David has operated from Kyogo – Kinaaba village for two years and he is able to make 20,000/= as profits every week. He hopes to continue having high quality breeds of animals so that his standard of living will improve. He also hopes to have a family motorcycle to help with transport.

David mostly trades and rears goats and he hopes his first loan will help him increase his income and foster business growth. He is such a social and hardworking man and needs a loan to be able to buy more goats.

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
  • 336
    View loans »
    Uganda Loans Fundraising
  • $29,746,975
    Funds lent in using Kiva
  • 1,960.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mugandu Group, Kihihi's $2,250 loan helped a member to buy more goats to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 8, 2010
Listed
Jan 25, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2010