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Kihihi Development Association, Kihihi Group
In this Group: Abdu, Innocent, Juma, Joan, Benard, Ismail, Winfred, Rebecca, Modest, Rajab
Hardworking and cordial B. Abdu is married with 6 children to take care of and knows that he has his responsibility cut out for him. This reality has been evident for the past 5 years as he has managed his business selling general merchandise, especially for home use, from the town of Kihihi.
With his monthly earnings amounting to 240,000 UGX, he has faced long odds in providing for all his family’s needs and principally catering for his children’s welfare. Abdu wants to raise his family's living standards with this loan by improving his business. By restocking and expanding his shop, he plans to make it a wholesale business, allowing him to earn more sales revenue and pay his children's education bills.

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
  • 163
    View loans »
    Uganda Loans Fundraising
  • $28,672,675
    Funds lent in using Kiva
  • 2,255.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kihihi Development Association, Kihihi Group's $3,875 loan helped a member to purchase more stock and expand the business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2010
Listed
Oct 15, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011