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Tukundane Bakyara Group, Ibanda
In this Group: Brian, Agnes, Lillian, Alice, Naome, Joy, Diana, Medius, Flora, Richard, Rosemary*
* not pictured
M. Brian is the leader of his lending group in Ibanda. He is a friendly and hardworking man who, for the last six years, has had a business dealing in art and design from Ibanda Main Street. Brian is married with one child and he also takes care of one dependant. He is happy that, because of the quality products that he makes, his business helps him to take good care of his family. Brian hopes to expand his business further and is requesting a loan to buy more inputs for boosting his business.

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
  • 161
    View loans »
    Uganda Loans Fundraising
  • $28,703,800
    Funds lent in using Kiva
  • 1,995.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Tukundane Bakyara Group, Ibanda's $3,175 loan helped a member to buy paints, clothes and boards for his business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2010
Listed
Feb 13, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010