Check out some available loans that are similar to this one!
Twefeeko Development Group-Mukono
In this Group: Wilson, Evelyne, Hannington, Majid, Juma, Brian*, Peter, Collin, Lydia, Lydia
* not pictured
Mukono Town, like any other metropolis in Uganda, is crawling with a commercial motorcycle craze, commonly known around the country as Boda Boda. Most people use this form of transportation to beat the gridlock traffic jams that are commonplace all over the country. One person who has developed an inclination towards this craze is 38 year old K. Wilson, a married man with 3 school-going children. It goes without saying that this business is lucrative and that is principally the reason why there are so many people joining this business.

Wilson like many of his friends has his stage at Ngandu Trading Center. He took root in this business after a close friend gave him the idea. He was previously into fishing. At present, his business brings him weekly profits that total up to 105,000 shillings. With this loan, Wilson wants to purchase a second motorcycle. He anticipates this will help him earn more profits.

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
  • 347
    View loans »
    Uganda Loans Fundraising
  • $30,339,150
    Funds lent in using Kiva
  • 2,258.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Twefeeko Development Group-Mukono's $1,625 loan helped a member the purchase of a second motorcycle.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2010
Listed
Jul 22, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010