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Karubanda Twimukye, Kihihi Group
In this Group: Lauben, Santrina, Elias, Aggrey, Deo, Julius, John, Stella, Generus, Elias, Lawrence*, Salvan, Henry*
* not pictured
Hardworking M. Lauben, aged 42, is the married father of six children. He went into a carpentry business venture now close to fourteen years ago. Having a strategically located business in Karubanda, Kihihi town, in western Uganda, he gets many customers, earning him 300,000 Ugandan shillings monthly.

With this loan, Lauben is looking forward to restocking his business with more materials like timber and nails and also doing more advertising to increase the numbers of his customers. This will definitely give his enterprise a new lease of life and also help him improve on his sales and enable him to take good care of his family requirements like school fees, medical care and the like.

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
  • 162
    View loans »
    Uganda Loans Fundraising
  • $28,315,525
    Funds lent in using Kiva
  • 2,229.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Karubanda Twimukye, Kihihi Group's $1,825 loan helped a member to restock his business with materials like wood, nails, and more.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2010
Listed
May 25, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010