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Nabingola Dembe Group, Mubende
In this Group: Stephan, Teopista, Livingstone, Nathan, Fred, Charles, Pauline, Deezi Junior, Yasiin, Robert*, Edita, Irene
* not pictured
J. Stephan is the leader of his lending group in Mubende. He is 35 years old, married and has 5 children, 4 of whom go to school. He also takes care of dependants. Stephan sells maize, beans and cassava from Nabingola and Kibaale in a roadside market. Stephan is committed and honest and in a month he is able to make a profit of 360,000/=. Stephan is also a farmer and he needs a loan to support his business of 10 years that has been a family venture from the very start. He needs a loan to buy more beans and maize for resale.

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
  • 153
    View loans »
    Uganda Loans Fundraising
  • $28,711,800
    Funds lent in using Kiva
  • 2,245.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Nabingola Dembe Group, Mubende's $2,675 loan helped a member to buy more beans and maize for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2010
Listed
Jul 28, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010