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Ddembe Gayaza Group, Mubende
In this Group: Abu Baker, Zaituni, James, Ronald, Fred, Jane, Florence, Annet
Having ventured into the business of cattle keeping, hardworking K. Abu Baker of Ddembe Gayaza group, Mubende, has no regrets about the advice he got from friends to begin his current business that he operates from Kiganda, Mubende.

Being part of his culture commonly carried out in western Uganda where people own large heads of cattle, the 34-year-old has benefited a lot from his farming business. He deals in selling cattle; hides and beef are some of the products obtained by his customers from his farming business.

Abu Baker’s motive to acquire this loan is to help him buy sprays for his cattle to kill ticks and also de-worming medicine to treat against diseases that affect his cattle. In addition, he will purchase more cattle for fattening on his farm. This will help him increase production as well as his revenue.

In the future, Abu Baker looks at doing further restocking to have more cows on his farm.

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
  • 233
    View loans »
    Uganda Loans Fundraising
  • $31,036,700
    Funds lent in using Kiva
  • 2,257.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Ddembe Gayaza Group, Mubende's $2,450 loan helped a member to buy sprays for his cattle to kill ticks, de-worming medicine to treat against diseases, and to purchase more cattle.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 15, 2010
Listed
Sep 24, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2011