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Nyamuhanami Twimukye, Mubende Group
In this Group: Joseph, Patrick, William, Aloysious, James, Nuhu*, Mohamad
* not pictured
K. Joseph's main source of livelihood for the past 20 years has been running an agricultural farm in Nyamuhanami, Mubende. It is with earnings from this business that hardworking Joseph has managed to sustain his family of eight children. The 46-year-old dynamic businessman has reached a point where his business profits now amount to 200,000 UGX per month. With steady progress in building his small enterprise, Joseph reckons his future prospects are improving with every passing day.

With a loan coming his way, Joseph has the conviction that he will be able to improve his farming system with fertilizers to produce more cash crops such as maize, cassava, peanuts and beans, so that he does not run short of supplies for his customers. This will improve his sales revenues and enable him to live a self-sustaining life. He hopes to be able to educate his children and see them become important people who can support themselves in the near future.

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
  • 267
    View loans »
    Uganda Loans Fundraising
  • $31,047,900
    Funds lent in using Kiva
  • 2,255.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Nyamuhanami Twimukye, Mubende Group's $1,975 loan helped a member to purchase farm inputs such as fertilizers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2010
Listed
Jul 24, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010