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Rubona Tweheyo, Mubende Group
In this Group: Hosbati, Eva, John, James, Mahamed , Melsian, Lawrence, Makisensia, Jovas, Deogratius, Ruth, Lawrence, Benald
Hard-working and determined S. Hosbati of the Rubona Tweheyo group works at the Kasambya trading centre of Mubende. He has been running a produce business for over seven years where he sells food. As a matter of fact, his hard work and friendly character have brought him this far alongside his other business of farming which together earn him 400,000 Ugandan shillings monthly.

This loan will help Hosbati to do more research on better quality products that he trades in such as rice, beans, maize and furthermore to restock his business in order to match the customers' demand. With an improved business, he will be able to earn more revenue and be able to develop his family in the future as he struggles to educate his five children to provide them with a better future.

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

  • $1,800
    Average annual income
  • 271
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,240.2
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Rubona Tweheyo, Mubende Group's $2,250 loan helped a member to buy rice, beans, maize, etc. to restock the business.
99% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2010
Listed
Sep 20, 2010
Currency Exchange Loss:
Possible
Ended:
May 10, 2012