Check out some available loans that are similar to this one!
Nyakabare Bakyara Twimukye Group B, Ntungamo
In this Group: David, Geofrey, George, Teresfal, Aaron, Wilson, Julius , Joy, Yorokamu, Agnes, Esteri, Bernard
For a time period of ten years, A. David has been running multipurpose businesses that include agriculture and a grocery store in Kabobo cell in Ntungamo. With good management and customer care skills, these businesses generate him a profit of 85,000 Ugandan shillings on a weekly basis.

With hard work, David looks forward to improving his banana plantation through mulching and spraying the pests that are currently disorganizing his crops. This will definitely give his ventures improved conditions for some time.

This loan will contribute to the purchase of pesticides and mulches and also help David to restock his grocery store with more goods that include beans and groundnuts (peanuts).

David’s future plan is to be able to get enough money out of his business to pay his children’s school fees and also to expand his businesses for more income.

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
  • 215
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,247.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Nyakabare Bakyara Twimukye Group B, Ntungamo's $2,700 loan helped a member to purchase pesticides and mulches for his plantation and stock for his store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2010
Listed
Jun 19, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011