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Bright Future Employees, Kihihi Group
In this Group: Moses, Yafesi, Ronald, Farida, Joselyn, Denis, Waren, Moses, Daniel*
* not pictured
There is a fascinating story behind hardworking K. Moses. This hardworking married father of two children began his retail shop dealing in general merchandise two years ago in Kihihi town.

Through acquiring loans from this micro-finance institute, he was able to start up his side business to help him generate more income for his family alongside his teaching profession. With this loan he will be able to purchase more goods and be able to improve his earnings as he looks forward to living a self-sustaining life.

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
  • 289
    View loans »
    Uganda Loans Fundraising
  • $30,725,575
    Funds lent in using Kiva
  • 2,085.8
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Bright Future Employees, Kihihi Group's $3,475 loan helped a member to purchase more stock for his store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2010
Listed
Apr 21, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011