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Ekyerisho Traders, Mubende Group
In this Group: Asia, Kedreth, Bruno , Emmanual, Witson, Ketty*, Alex, Nanon, Datsun, Moses, Abble, Elly
* not pictured
N. Asia, age 36, has been operating an agricultural farm from Ekyerisho Traders of Mubende for 1 year. There he grazes cattle and sells milk to earn his living. The married father of six children is hard working and looks forward to owning a bigger farm in the near future that will also allow him to sell some of his cattle for meat. N. is seeking a loan to help him purchase more cattle to restock his farm, in order to be able to earn more revenue out of his milk sales. With this, he will be able to cater to his family needs and educate his children.

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
  • 145
    View loans »
    Uganda Loans Fundraising
  • $28,287,225
    Funds lent in using Kiva
  • 2,257.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Ekyerisho Traders, Mubende Group's $1,950 loan helped a member purchase of more cattle for milk production.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 15, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011