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Katikko Small-Scale Farmers Association-Mityana Group
In this Group: George, Ronald, Ali*, John, Fred, Amos, Justine*, David, Darious, Vicent, Richard
* not pictured
48-year-old K. George has had his fish-selling business in Katikko landing site-Mityana for 12 years. Previously this married father of 12 operated a retail shop. George, who belongs to the Katikko small-scale farmers group, says success has always been within his grasp given the dedication he puts into his work. George has an amiable disposition and that has endeared him to many of his customers. George also ekes out side profits from agriculture, poultry, pig husbandry and cattle. His weekly profits are about 60,000 shillings. George says that with this loan, he is looking forward to purchasing nets and a boat. He envisages better prospects for his business.

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
  • 232
    View loans »
    Uganda Loans Fundraising
  • $29,183,825
    Funds lent in using Kiva
  • 2,282.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Katikko Small-Scale Farmers Association-Mityana Group's $2,900 loan helped a member the purchase of fish nets and a boat to improve his business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2010
Listed
Nov 5, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011