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Kabweeza Intergrated Development A, Mubende Group
In this Group: Emmanuel, Teopista, Methodia, Charles, Anatolia, Edison, Leonald, Samuel*
* not pictured
Second-hand clothes are in high favour with many people in Uganda. Not one to be left out of this lucrative opportunity presenting itself in his home area of Kyakato, Mubende, Emmanuel B., a hardworking, dependable and lively 52-year-old, made a decision to capitalize on it. With the money he saved conducting his other businesses, he bought his first consignment bales of used clothing.



Despite fluctuations in his business fortunes, Emmanuel's resilience has enabled him to make enormous headway, reflected by the fact that he earns 150,000 Ugandan shillings monthly. A man who likes taking a long view, he has drawn up a plan to expand his second-hand clothing business into a big franchise. With this loan, Emmanuel is optimistic he will be empowered financially to realize his dream as he anticipates fully educating all of his children and building a permanent house for his family.

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
  • 353
    View loans »
    Uganda Loans Fundraising
  • $29,763,250
    Funds lent in using Kiva
  • 2,254.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kabweeza Intergrated Development A, Mubende Group's $2,825 loan helped a member to purchase more bales of used clothes for his business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2010
Listed
Jul 23, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010