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Kisiita Development Group Of Mubende
In this Group: Moses, Passius, Harunah, Francis, John, Slyvia, Godfrey, Sauda, David*, Furugeni*, Constance, Alice, Fred
* not pictured
At the young age of 24 years, N. Moses is a fledgling produce sales business trend-setter whose example is bound to stand out as a benchmark for other youth in his home area of Kisiita in Mubende district. Many youths in his home area preoccupy themselves in self-destructive activities like drinking.

Moses has subsisted on a produce sales business for four years. With his hard work, he has managed to take firm root and, in a week, he apparently makes 50,000 shillings.

With his monthly savings, Moses has managed to diversify his small business. This has, however, not come easy as he has had to grapple with many adversities such as the unpredictable weather patterns which, for the most part, mean he has fewer supplies from farmers.

Moses’ dream is to build his own produce stalls and a store to keep his surplus goods. With this loan he hopes to implement this.

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
  • $28,287,225
    Funds lent in using Kiva
  • 2,070.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kisiita Development Group Of Mubende's $1,725 loan helped a member to purchase more produce to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2010
Listed
Apr 15, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2010