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Kangulumira Aids Services Group
In this Group: John, Edward, Justine, Rogers, Moses
Most people supply the deficiencies in their salaries or low profits with odd jobs or they decide to concurrently run 2 or 3 businesses. From the point of view of a business, it is definitely an advantage when an individual bears a hand in many undertakings, the bottom-line being more profits.

S. John, 25 years old, makes 40,000 UGX per day from his business selling fruits and vegetables, primarily pineapples, jackfruits and passion fruits. For the past year, he has exhibited an enterprising and hardworking ethic that most young people of his age lack. He has won his laurels from his community of Kiwalasi-Kayunga, as the community leaders keep on saying that his example is one to be emulated by all young people. He is still a bachelor and has no children. With this in mind, he can look forward to a bright future. He is planning to purchase more fruits and vegetables in bulk with this loan.

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
  • 316
    View loans »
    Uganda Loans Fundraising
  • $29,712,250
    Funds lent in using Kiva
  • 2,253.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kangulumira Aids Services Group's $600 loan helped a member to purchase more fruits and vegetables in bulk.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2010
Listed
Jul 27, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011