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Butungisa Bakyara Twimukye Group, Ntungamo
In this Group: Emmanuel, Enoch, Anania, Ketra, Jovia, Molly, Jane, Joventa, Rosette, Eliab, Lovence, Loyce, Gloria*, Alice*, Phoebe*, Edinance, Nicholas
* not pictured
There is a fascinating story behind the determined Emmanuel M. who is not afraid of diversity in business. This hard working married father of 10 children ventured into the agro produce and retail business 8 years ago dealing in general food crops like; bananas, beans, maize flour, ground nuts, peas and products like; salt, and sugar from his retail shop in Rwemiyaga cell Ntungamo. Due to his pressing need to educate his children, he began this business with his personal savings and food supplies from his gardens to supplement family incomes by earning sales revenue.

With this loan, Emmanuel will be able to purchase more stock and be able to improve his earnings. He looks forward to a self sustaining life through educating his children and improving the house hold income.

Emmanuel belongs to Butungisa Bakyara Twimukye group in Ntungamo.

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
  • 358
    View loans »
    Uganda Loans Fundraising
  • $30,344,450
    Funds lent in using Kiva
  • 2,276.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Butungisa Bakyara Twimukye Group, Ntungamo's $1,875 loan helped a member purchase of more stock for the shop.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2010
Listed
Nov 1, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011