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Bukere Twimukye Group, Mubende
In this Group: Amos, Frazia, Peter, Richard, January, Charles, Kasimu, William, Isma, Magdelene, Latima, Benson, Felix*, Robert*, Jolly*
* not pictured
Hardworking and married, M. Amos has been operating a new garment sales business for 4 years from Kyaka Trading Centre, Mubende. This determined and innovative man has, by all standards, tried to maintain this business that he started with a little capital from his previous farming business. He sells a variety of garments and looks after farms.

His main setback is having little stock; therefore, acquiring this loan will help him buy more varied clothes to attract more customers. This will enable him to get more sales revenue and pay his family bills as he looks at educating his children and expanding his business. He belongs to Bukere Twimukye group, whose members hold each other accountable 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
  • 150
    View loans »
    Uganda Loans Fundraising
  • $28,307,700
    Funds lent in using Kiva
  • 2,240.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Bukere Twimukye Group, Mubende's $3,050 loan helped a member to purchase more bales of clothes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2010
Listed
Sep 21, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011