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Agahikane Karungu Parish Group, Kyenjojo
In this Group: Wilberforce, Turyamwijuka, Festo, Albani, Paul, Selestine, Benon, Fausta, Ramuel, Patrick, Herbert, Joseph, Frank, Abel, Jamiah, Kesi, Charles, Stella, Robert, Nelson, Ambrose, Asead*, Gandah*
* not pictured
Self-motivated and hard-working N. Wilberforce of Agahikane Karungu Parish group, Kyenjojo, is 42 and a married father of seven aged between 19 and 5 years. He has been operating a retail shop business selling general products for home use in Kawarinju trading centre, Mubende. He started this business 5 years ago, realizing the ready market in the area, and at the end of every month he is able to pocket profits to the tune of 120,000 Ugandan shillings.

His main drawback has been having small stock in his business that cannot match the purchasing rate of the customers. He is therefore seeking a loan that he figures will help him stock more goods that will satisfy the customers’ high demand and also transform his small enterprise into a big enterprise.
Being very committed to the business with good customer care, he hopes to increase his sales revenue. This will bring about a transformation in his business as he hopes to achieve a self-sustaining life and cater for his children’s education expenses.

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
  • 106
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,279.5
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Agahikane Karungu Parish Group, Kyenjojo's $3,100 loan helped a member purchase of more stock.
99% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2010
Listed
Nov 1, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2011