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Bwambara Women's Progressive Group-Rukungiri
In this Group: Jackson, Wilson, Gad, Jovia, Peninah, Jenerous, Jolly, Magret, Ann, Kesime, Jane, Lydia, Mauda, Peace, Fred, Sunday
K. Jackson is 58 years old and belongs to Bwambara women's progressive group-Rukungiri. He is married with 11 kids and to take care of them he has for the last 10 years been running an agro-produce sales business in Rushaya. He has mostly been selling coffee, maize and rice. 500,000 shillings is the amount his business generates for him on a monthly basis. Prior to starting his business, he was a civil servant. He likes to describe himself as trustworthy. With this loan he says he is going to revamp his business with substantial purchases of bags of coffee and rice that he says he will at length resell.

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
  • 217
    View loans »
    Uganda Loans Fundraising
  • $31,009,200
    Funds lent in using Kiva
  • 2,282.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Bwambara Women's Progressive Group-Rukungiri's $4,750 loan helped a member the purchase of more bags of coffee and rice for resale.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 6, 2010
Listed
Nov 5, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011