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Lwamba Development Group, Mityana
In this Group: Samuel, Fatuma, Joseph, Manuel, Emmanuel, Christopher, Matia, Rose*, Joyce*, Constantino, Moses, Sulaiman
* not pictured
M. Samuel, pictured separately at the top left, is a part of the big group. He is a patient and hard working man, married with five children, out of which three are in secondary and two in primary school. He also takes care of two dependants. Samuel is a produce buyer from Lwamba of Mityana from which he is able to make profits that enable him to take good care of his family. This is Samuel’s second loan from Kiva partner Pearl Microfinance and he is happy that his first loan helped him buy more produce for resale just as he hopese this will do in order to enable him to make more profits. He buys produce such as rice, beans, maize, etc. 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
  • 294
    View loans »
    Uganda Loans Fundraising
  • $30,299,000
    Funds lent in using Kiva
  • 2,033.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Lwamba Development Group, Mityana's $2,650 loan helped a member to buy more produce.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2010
Listed
Feb 28, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010