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Byabasita Tukwatanise Group, Ibanda
In this Group: Willy, Dinah, Florence, Eric, Ceremensia, Anatoori, Rabbeck, Joy, Geofrey, Jane, Fred, Joy, Joyce, Stephen, Provia, Benson, Emmanuel, Anthony, Annet, Rose, Africano, Brazio, Posius, Jarmson, Hannington, Lawrence
In Byabasita, Ibanda, business can blossom if one summons up those two, always-neglected, business winning factors: planning and hard work. He has been a wise planner and as a result, 42-year-old N. Willy is basking in the glow of his ten-year-old commercial agriculture business.

Willy has been banking on this business to cater for all his family’s needs. That is a clear testimony that hard work pays. He also mentions good customer handling skills as a requisite factor that should not be glossed over if one is to fully succeed. This he says creates good rapport with his clients.

Willy has mostly been selling maize, beans, cassava and millet. His dream is to expand his business further with the acquisition of this loan. He also wants to see to it that all his children are all in good schools. With this loan, he wants to buy more crops like coffee that he will later resell, but he also wants to expand his trading activities beyond Ibanda town.

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
  • 289
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,257.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Byabasita Tukwatanise Group, Ibanda's $4,875 loan helped a member to buy more lucrative crops to sell like coffee.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 4, 2010
Listed
Jun 27, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011