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Nakalasa Development Group-Lugazi
In this Group: Steven, Joseph, Matiya, Susan, Topista, Irene Abou, Josephine, Christine, Rose, Siperanta, Jackson*, Agnes
* not pictured
32-year-old Steven O. is happily married and has one child. He belongs to the Nakalasa Development Group—Lugazi. For the last twelve years Steven has been involved in commercial agriculture. Before this he was a subsistence farmer who only grew crops for his family’s consumption. Steven also gets modest profits from his small shop.


Steven describes his clientele as general in scope, meaning he sells to different classes of people. His business generates 100,000 UGX for him monthly. With this loan he wants to purchase manure for his gardens. This, he says, will help improve his crops, thus allowing him to sell his improved yields at a higher competitive market rate.

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
  • 284
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,242.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Nakalasa Development Group-Lugazi's $2,025 loan helped a member to purchase manure for his gardens.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011