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Kikoni Ii Twimukye Group, Ibanda
In this Group: Justus, Daphine, John, Sam, Fransisco, Kerezensio, Kedeth, Richard, Evans, Johnson, Paskari, Aidah, Godfrey, Francis, Editor, Geofrey, Silver, Resty, Peace, John, Levy, Donozio, Ephraim, Amon, Johnson
Justus M. is 30 years old and married with three children, all in the primary level of school. He has had a retail shop in Kikoni II for six years. He is such a hardworking and trustworthy man and because of this, he is able to make about 60,000 Ugandan shillings as weekly profits.

Justus has a hope of expanding his shop into a wholesale business as well as having educated children for self sustainability. He needs a loan to be able to expand his shop by buying more goods so that he could be able to make more profits.

Justus is the leader of his lending group in Ibanda.

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
  • 259
    View loans »
    Uganda Loans Fundraising
  • $29,230,350
    Funds lent in using Kiva
  • 2,039.3
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kikoni Ii Twimukye Group, Ibanda's $5,000 loan helped a member buying more goods for his shop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 2, 2010
Listed
Mar 11, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2010