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Bushura Tutungukye, Kihihi Group
In this Group: Patrick, Alice, Kellen, Hellen, Justus, Macklean, Provia, Peace, Fulgence, Medius, Yoram, Kereti, Joy, Geofrey, Hope, Hannington
Patrick B., aged 35, is married with a family of four children. He has been operating a retail shop from the Bushura trading center in Kihihi for over 15 years. In here, he trades in a variety of products commonly for domestic use like sugar, salt, soft drinks (sodas, water), cooking oil and much more general merchandise. He does this business alongside his other farming practices that include growing a variety of food crops in Uganda.

His main drawback is that he has a limited variety of products in his shop that cannot satisfy the customers' demand. Therefore, Patrick is looking forward to increasing stock in his business when he gets this loan, and also expanding into a wholesale shop. This will help him earn more revenue and sustain his daily life needs and further educate his children.

He also belongs to a group of members who insure each other in paying back the 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
  • 282
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,214.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Bushura Tutungukye, Kihihi Group's $2,375 loan helped a member purchase more stock for the shop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 3, 2010
Listed
Aug 17, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011