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Kashozi Bahingi Twetungure Group, Bushenyi
In this Group: Yosamu , Januario, Robert, Jackline, Florence, Kakimeta, Maulence, Lawrence, Geofrey, Flora, Vincent, Nyansio, Steven, Sylva
K. Yosamu is the leader of his lending group in Bushenyi. He is 52 years old, married, and has three children, all in secondary education. He also takes care of two dependants, who are also in school.

Yosamu is a tea farmer from Kashozi. In order to earn a good income from his farming, he ensures that he grows good quality tea and that he increases his output. He is a hardworking and a determined man who would like to expand his farming business in order to increase his income and enable him to continue paying school fees for his children and general upkeep. Yosamu is requesting a loan to buy more tea leaves so that he is able to supply his customers since what he grows on his farm is still not enough to meet the demand of his expanding customer base.

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
  • 287
    View loans »
    Uganda Loans Fundraising
  • $31,076,375
    Funds lent in using Kiva
  • 2,007.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kashozi Bahingi Twetungure Group, Bushenyi's $4,175 loan helped a member to buy more tea leaves for resale to supplement those grown on his plantation.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2010
Listed
Feb 24, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010