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Bulenga Twekembe Group 2-Mpigi
In this Group: John, Sarah, Godfrey, Grace, Teopista, John Bosco, Annet
Firmness of purpose and fearlessness is what 30-year-old S. John who makes common cause with Bulenga Twekembe group has banked on to make sure his clothes sales business in Bulenga-Mpigi does not sink into stagnant oblivion. His self-confidence too has come in handy through the course of the past few years that he has been in operation. Previously, he was preoccupied with a farming enterprise, that he says with nostalgia was a worthwhile learning experience on how to smoothly run a business. 100,000 shillings is what totals up as his weekly business profits.

John is happily married with two kids. He is requesting this loan to purchase more bales of clothes for resale.

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
  • 215
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,279.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Bulenga Twekembe Group 2-Mpigi's $2,350 loan helped a member the purchase of more bales of clothes for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2010
Listed
Nov 1, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011