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Buzaniro Women's Group A, Kihihi
In this Group: Alfred, David, Boaz, Alfred, Loy, Eliphaz, Andrew, Peter, James, Samuel, Gideon, Sadress*
* not pictured
There is a fascinating story behind determined M. Alfred who was not afraid of diversity when he ventured into the business world ten years ago. This hardworking, married father of four children began his produce shop, dealing in general food crops like beans, maize flour, groundnuts (peanuts), peas and many other items in Kibaya, Kihihi.

Through acquiring loans from micro-finance institutions, Alfred was able to start up this side business alongside his agriculture to help him bring more income into the family. With this loan Alfred will be able to purchase more stock and be able to improve his earnings as he looks forward to live 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

  • $1,500
    Average annual income
  • 278
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,171.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Buzaniro Women's Group A, Kihihi's $1,625 loan helped a member to purchase more stock for his store.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 29, 2010
Listed
May 26, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010