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Victoria Group 2, Lugazi
In this Group: Ayubu, Aisha, Sipe, Masitula, Kalani, Florence, Rogerious, Hassani, Adera, Christine, Resty, Caraine, Mary*
* not pictured
F. Ayubu is the leader of his lending group in Lugazi. He is 35 years old and married with six children aged 12 to 2 years. He also takes care of three dependents, two of them orphans.

Ayubu operates a ferry service from Buvuma to Kiyindi, mostly operating from Kilongo landing site. He has transported traders for eleven years and he is able to make 70,000/= as profits every week. He says that this profit margin would have been higher only there is a ferry that offers free transport to traders and his only chance is that it is slow and takes a long time to fill.

Ayubu would like to expand his business. He already has four fishing boats and he would like to use his loan to buy fishing nets and hooks and employ three people on each boat for increased earnings.

Ayubu is such a friendly and hardworking man.

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
  • 174
    View loans »
    Uganda Loans Fundraising
  • $32,013,100
    Funds lent in using Kiva
  • 2,013.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Victoria Group 2, Lugazi's $4,775 loan helped a member to buy fishing nets and hooks for his four boats.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Feb 11, 2010
Feb 15, 2010
Currency Exchange Loss:
Jul 20, 2010