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Kabowa Mixed Farmers Group - Jinja
In this Group: Bashiri, Prossy, Yusufu, Latif, Gasita, Abdal, Salim, Annet, Fred, Elivida, Ahammada, Abasa, Magret, Ayub*, Jane, Peterp, Richard, Bagenda, Patrick
* not pictured
Bashiri B. has been in a commercial motorcycle business for six years. He has relied on profits from this business to shoulder most of his family’s responsibilities. On the basis of that, he has no regrets on why he began this business. As of now, he is only looking at ways of getting or buying more motorcycles, which he envisions will bring him more profits.

With this loan, Bashiri, who is a single father of six, is optimistic his dreams will come to pass. With more motorcycles, he says he will be able to add onto the 100,000 shillings he makes in a week with just one bike. He says that before this business, he was a security guard and it is because of his hard work and determination that he is where he is right now.

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
  • 224
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,214.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kabowa Mixed Farmers Group - Jinja's $4,500 loan helped a member the purchase of an additional motorcycle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2010
Listed
Aug 21, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011