Check out some available loans that are similar to this one!
Tukolerewamu Nanziga Group, Mpigi
In this Group: Alex, Betty, Denis, Aloysious, Michael, Ibrahim, Emmanuel, Margaret, Ben, Michael
30-year-old Alex M. exemplifies hard work in its essence. Like a lark he is an early riser, fully focused on what lies ahead in terms of gains in his business.

For three years, Alex has been giving a good account of himself running his dispensary in Nanziga, Mpigi. This happy-go-lucky married father of two has reached a satisfactory rate of progress in his business. With monthly proceeds of 70,000 shillings he has managed to give his two children a quality education.

Alex is planning on expanding his dispensary on the acquisition of this loan. He plans to buy more dispensary equipment and also to equip his clinic with enough drugs.

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
  • 282
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,121.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Tukolerewamu Nanziga Group, Mpigi's $2,050 loan helped a member to purchase dispensary equipment and new consignments of drugs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2010
Listed
May 2, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010