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Myanzi Tukolerewamu Group 1, Mityana
In this Group: Sulaiman, Majorine, Halima, Matia, Matia, Janat, Phillip, Zaina, Gerald, Juliet, Willy, Margaret
K. Sulaiman A. (in the top right corner of the photo) is the leader of his group in Mityana. He is married with 14 children. Some of his children are senior six levers with no other dependants to take care of. He is a businessman, and has maintained his retail shop in the Myanzi trading centre for the last eight years. He is able to earn 30,000 USh as weekly profits. Sulaiman says that his business is faced with challenges, like the seasonal changes and the high cost of transportation (since he always gets his stock from the wholesale shops in the town of Mityana, which is a good distance from his area). He hopes to expand his shop to have more stock, and educate his young children to reach a higher level in school. Sulaiman needs this loan to be able buy more sugar, salt, cooking oil and other general merchandise to sell.

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
  • 140
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,033.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Myanzi Tukolerewamu Group 1, Mityana's $2,550 loan helped a member buying more sugar, salt, cooking oil and other general merchandise to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2010
Listed
Feb 28, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 20, 2010