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Kameme Bakyara Kweterana, Kihihi Group
In this Group: Moses, Kenneth, Creatolis, Nathan, Owen, Francis, Pius, Justus, Kelesensio, Mustafa, Zubail
N. Moses, aged 40, (with hand raised) operates a retail shop for general merchandise in Kihihi trading centre. He manages to earn some money, (400,000 a month) to fulfill his life and feed his family of six children. It is always difficult to build a strong businesses from scratch and Moses began his business with very little capital. He is seeking a loan to expand his business and purchase enough stock to meet the needs of his customers. With more stock, he will be able to earn profits. Moses belongs to Kameme Bakyara kweterana, 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

  • $1,500
    Average annual income
  • 147
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,259.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kameme Bakyara Kweterana, Kihihi Group's $2,675 loan helped a member increase his inventory.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2010
Listed
Oct 19, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011