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Kirera Twebeisho Group, Bushenyi
In this Group: Godfrey, Lydia, Deus, Robert, John, Agnes, Venensia, Bernado, Annet, Jackson, Rhoda, David*, Goretti
* not pictured
M. Godfrey, a hardworking and reserved 31-year-old married father of three children, has been operating a butchery business in Kigoma Trading Centre in Bushenyi district for over eleven years. He buys cows and goats which he slaughters and prepares the meat ready for selling to his genuine customers who have supported him this long.

Godfrey’s business has grown to the extent that he has been able to educate all his three children. In a month, he reveals he makes close to 200,000 Ugandan shillings. He also sells matooke (plantain) as a source of side income and makes some additional income through his retail shop.

Godfrey’s drawback is having only a small amount of stock in his businesses. Therefore, he would like to use this loan to restock his retail shop and also buy more animals.

Godfrey’s future plans are to expand his business and improve his sales revenue.

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
  • 239
    View loans »
    Uganda Loans Fundraising
  • $31,040,150
    Funds lent in using Kiva
  • 2,265.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kirera Twebeisho Group, Bushenyi's $2,025 loan helped a member to restock his store and to buy more animals for his butchery business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2010
Listed
May 31, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010