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Katanda I Tukwatanise Group-Bushenyi
In this Group: Danson, Moses, Specioza, Amos, James, Alex, Bashiru, David, Vereriano, Stephen, Samson, Elias
G. Danson of Katanda I Tukwatanise group-Bushenyi is 32 years old and operates a general merchandise shop from his home area of Kanyashande, Bushenyi. He has operated the shop and also made agricultural produce sales to the local population for over 3 years. Alongside the retail shop he grows bananas, beans and more all that help him earn revenue. Danson makes 120,000 UGX per month; a figure he says will not substantially sustain his business for the near future. Therefore he is seeking a loan to help him purchase more goods to restock his shop and thus be able to make more sales.

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
  • 231
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,284.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Katanda I Tukwatanise Group-Bushenyi's $2,250 loan helped a member to purchase more goods for a general store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 20, 2010
Listed
Nov 2, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011