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Murehe Tukwatanise Group, Kihihi
In this Group: Mariko, Stephen, Samuel, Amos, Charles, Richard, James, Allen, Teodoro, Agine, Moses, Bosco, Robert, Annah, Ronald, Amos, Phionah, Willy, Francis
Mariko A.'s main source of livelihood for the past 5 years has been selling food stuffs like maize grains, groundnuts, and sorghum in Murehe trading centre, Kihihi. It is with earnings from this business that the hard working and determined A. Mariko has managed to sustain his family of 2 children. The 27 year old dynamic business man has reached a point where profits accruing to his business now amount to 150,000 Ugandan shillings in a month. With steadying progress in building his small enterprise, he reckons his future prospects are rising every passing day.
With a loan coming his way, Mariko carries conviction that he will be able to buy more food crops produce like maize and beans so that he does not run short of stock and supplies as he looks towards owning a big produce store in the area. This will improve his sales revenue and enable him to lead a self sustaining life as he looks towards educating his children and they become important people who can support themselves in the near future.

He belongs to Murehe Tukwatanise group, Kihihi.

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
  • 290
    View loans »
    Uganda Loans Fundraising
  • $31,089,375
    Funds lent in using Kiva
  • 2,250.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Murehe Tukwatanise Group, Kihihi's $2,700 loan helped a member purchase more stock for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2010
Listed
Oct 12, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011