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Mutai Development Association-Jinja Group
In this Group: Sulaiman, Irene, Sanon, Magidu, Yeko, Ruth*, Margaret, Florence, Shidah, Kaamu, Susan*, Faridah
* not pictured
M. Sulaiman, age 50, is the head of this group loan. He has a milk and charcoal sales business in Jinja. He is a true entrepreneur and has tried his hand at several kinds of businesses over the years, including firewood sales and animal husbandry. He offers his wares to both lower- and middle-class people in the area, and this allows him to bring in 200,000 shillings a month from his business. He sells from his home and also offers delivery services.

With this loan he wants to buy more bags of charcoal and milk preserving containers.

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
  • 367
    View loans »
    Uganda Loans Fundraising
  • $29,766,150
    Funds lent in using Kiva
  • 2,214.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mutai Development Association-Jinja Group's $3,050 loan helped a member to purchase more bags of charcoal and milk preserving containers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2010
Listed
Aug 21, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011