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Kalungi Saving And Credit, Mubende Group
In this Group: Lawano, David, Godfrey, Gordon, Stella, Stanley, Christopher, Lawrence, Rose, Aida, Richard, Justus, Vicent, Deus, Nathan, Hanifa*, Annet*, Jovamis*
* not pictured
Lawano B. is a member of the Kalungi Saving and Credit, Mubende Group. He is a determined and hard working married father of 5 children who has been plying all his energy into running a salon business from the Mpara trading centre for over 6 years. Lawano earns 300,000 Ugandan shillings on a monthly basis as he has daily customers from the people in the same locality. He is also involved in produce buying and selling and his main intention in asking for this loan is to help him buy food stock for starting up a produce store business in the area.

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

  • $1,800
    Average annual income
  • 287
    View loans »
    Uganda Loans Fundraising
  • $31,047,900
    Funds lent in using Kiva
  • 2,282.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kalungi Saving And Credit, Mubende Group's $4,975 loan helped a member to purchase stock for a produce business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2010
Listed
Nov 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011