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Katabushera Tukore Group, Rukungiri
In this Group: James, Eldard, Stanley, Livingstone, Jerosome, Edward, Moses, Rosette, Francis, Dinah
Over the last six years, to improve his family’s welfare, K. James has depended on his agricultural produce business and his side-business selling domestic animals in Kagashe, Rukungiri. At the young age of 28, he is a man with duties, being that his wife is a housewife and he has one child. He also has five dependents to cater for.

Before James even took thought of setting forth on this business, he was a builder who survived on peanuts. Builders are not highly paid in his part of the country. In a month, this cheerful hard working gentleman says he now makes close to 200,000 shillings.

With this loan, James wants to buy bags of the more lucrative coffee crop that he thinks will earn him more income. He thinks he has already laid a strong foundation for the future and, with this loan, he says his future business prospects are promising.

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
  • 327
    View loans »
    Uganda Loans Fundraising
  • $29,746,975
    Funds lent in using Kiva
  • 2,254.0
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Katabushera Tukore Group, Rukungiri's $4,000 loan helped a member to purchase more bags of the more lucrative coffee crop that he will later resell.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2010
Listed
Jun 24, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 2, 2012