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Kitimbwa Twegatte Group, Kayunga
In this Group: Johnson, Jane, Aron, Edirisa, Stanley, Kadijah, Rose, Posikari, Sarah, Edirisa, Sarah, Moses, Aisha, Yahaya, Musa, Christopher, Mai*, Charles, Charles, Resty*, Abudul, Elijah, Ziwa, George, Richard, John*
* not pictured
B. Johnson is a 39-year-old jovial and good-humored gentleman operating a boutique business in Kitimbwa in Kayunga. With his sense of business purpose, he has come a long way ever since he got established two years ago. This is all down to his inherent hard work ethic.

Kayunga is a vantage place for doing great business, especially if you are focused. Johnson has come to terms with that fact as he plies his business. As a manifestation of his good business fortune, all his three children, plus three dependents, are in well-to-do schools around Kayunga.

In a month, Johnson makes profits totaling up to 250,000 shillings and his future plans are to open up his own big shopping mall in Kayunga Town. The first step to making his dreams come to fruition is through the acquisition of this loan. He carries conviction that with this loan, he is going to be empowered to strengthen his boutique business. He is looking at purchasing new textile material for making clothes and also buying clothes that he hopes he will resell.

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
  • 163
    View loans »
    Uganda Loans Fundraising
  • $28,672,675
    Funds lent in using Kiva
  • 2,245.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kitimbwa Twegatte Group, Kayunga's $4,800 loan helped a member to purchase new textile material for making clothes and new clothes to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2010
Listed
Jun 18, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010