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Rushuma Twimukye Group, Kihihi
In this Group: Amos, Annet, Stanley, Apollo, Annet, Julius, Feddy, Abraham, Vicent, Africano, Lovius, Gabriel, Oliva, Syriri*
* not pictured
K. Amos, aged 30, with a family of three children, has been operating a retail shop in Itembezo trading centre, Kihihi, for over 5 years. There, he trades in a variety of products commonly used domestically like sugar, soft drinks, sodas, water, cooking oil and much more. In a week, he makes profits amounting to 40,000 shillings. He does this business alongside his other farming practices that include growing and selling tea, sorghum and millet.

Amos’s main drawback is that he has a limited variety of products in his shop that currently cannot satisfy his increasing customer demand. Therefore he is looking forward to increasing the amount of stock in his business when he gets this loan and also to expanding into a wholesale shop. This will help him earn more revenue and sustain his daily life needs.

Amos also belongs to a group of members who insure each other in paying back their loans.

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
  • 270
    View loans »
    Uganda Loans Fundraising
  • $31,080,425
    Funds lent in using Kiva
  • 2,287.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Rushuma Twimukye Group, Kihihi's $1,850 loan helped a member to purchase more merchandise for his store like bags of sugar and salt and crates of soft drinks.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2010
Listed
Jun 10, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010