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Ekyerisho Traders, Mubende Group
In this Group: Emmanuel, Eric, Kedeth, Asia, Bruno, Witson, Alice, Leo, Ketty, Alex, Grace, Datsun, Dononzio*, Milton*
* not pictured
With two children of his own and two dependents to take care of, 40-year-old, hard working, M. Emmanuel knows he has his responsibilites cut out for him. This reality has looked him in the face for the past seven years as he goes about his trivial round business of selling alcohol in Ekyerisho, Mubende District.

With his minimal 280,000 shillings a month of earnings, Emmanuel has faced long odds in providing all his family’s needs, principally his children’s education. He wants to improve on the status quo of his family with the acquisition of this loan as he wants to give his business an improved lease of life in terms of expansion through restocking.

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
  • 411
    View loans »
    Uganda Loans Fundraising
  • $30,354,325
    Funds lent in using Kiva
  • 2,107.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Ekyerisho Traders, Mubende Group's $2,625 loan helped a member to restock and expand his business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2010
Listed
May 7, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010