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Zinunula Development Group-Mpigi
In this Group: Baliza , Aidah, Molline, Jowella, Betty, Edith, Olivia, Justine, Lovisa, Robert, Pauline, Edith, Ephransi, Joseph, John, Wilberforce, Jane, Rose
Ten years ago, it was savings from his farming and brick making businesses that facilitated and spawned the establishment of his current commercial motorcycle business in Bujjuko-Mpigi. This is all taken into perspective by 35-year-old Baliza J., as he makes unprecedented progress in his business.

This cheerful and sturdy father of five says he has been able to live within his means with an income of $14 a week. While the idea of getting back into full scale farming is alluring, he says he is comfortable doing it on a small scale just now.

He considers himself somebody who likes to create a relaxed and pleasant atmosphere around other people. He says that attribute has been his strength in attracting customers.

With this loan, he is looking at diversifying into poultry. He says with this money he is going to buy chickens to resell.

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
  • 362
    View loans »
    Uganda Loans Fundraising
  • $29,766,150
    Funds lent in using Kiva
  • 2,195.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Zinunula Development Group-Mpigi's $2,925 loan helped a member the purchase of chickens for reselling.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2010
Listed
Aug 6, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010