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In this Group: Philmon, Kalist, Rose, Pafura, Angelica, Philkano, Didas, John Mary, Wycliff, Consolate, David, Alfred, Josephine, Rudovic, Florence, Charles
T. Philmon is 34 years old and is the leader of his lending group in Kyenjojo. He is a friendly, hardworking and determined man who is married with two wives with seven children aged 14 to 6 years and all in primary schools. Philmon also helps to take care of three dependents.

Philmon has operated a drugstore in Kanyinya A trading centre for thirteen years. Ever since he started his drugstore, his business has progressed and he has been able to make 300,000/= as monthly profits.

Philmon says that he has been able to attract his customers because of the good services offered and he would like to continue having a stable and successful business as well as a well-established family.

Philmon needs a loan to be able to increase the stock in his business by buying more drugs 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

  • $1,800
    Average annual income
  • 320
    View loans »
    Uganda Loans Fundraising
  • $30,629,375
    Funds lent in using Kiva
  • 2,146.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kanyinya Beekeepers Group, Kyenjojo's $4,125 loan helped a member to buy more drugs for increased sales.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2010
Listed
Mar 24, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2010