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Kyatoko Group, Rukungiri
In this Group: Bosco, Yosam, Aloysious, Jackline, Patricia, James, Posiano, Patience, James*, Hilda, Juliet, Edward*
* not pictured
Bosco A., who appears in the small photo is also in the big photo and he is the leader of his lending group in Rukungiri. He is 41 years old, married, and has five children, all of whom are in school. He also takes care of two orphans. Bosco is a businessman with a grocery store in Kyatoko trading center that has run for 13 years. He buys and stocks fresh produce, such as vegetables, matooke (a plantain dish), Irish potatoes and so on. From his transactions, he is able to make 100,000 UGX as weekly profit. This enables him to take care of his family and pay his children’s school fees. Bosco needs a loan to buy more produce for resale.

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
  • 359
    View loans »
    Uganda Loans Fundraising
  • $30,344,450
    Funds lent in using Kiva
  • 1,960.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kyatoko Group, Rukungiri's $2,050 loan helped a member to buy more produce for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2010
Listed
Feb 20, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010