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Basooka Kwavula Development Association-Mityana Group
In this Group: Walusansa, Beat, Joweria, Mary, Mustafah, Justine, Aisha, Margret, Zula
63-year-old K. Walusansa worked as a government veterinary officer before he decided to start his current cattle and poultry business 12 years ago. K. is married with 21 children, all of whom have completed school. Aside from the aforementioned business, he also operates a farm in Masaka. His weekly profits equal 500,000 shillings. With this loan, he is going to buy medicines to treat his animals and buy more chicken feed. He is affiliated with the Basooka Kwavula development association-Mityana.

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
  • 290
    View loans »
    Uganda Loans Fundraising
  • $31,055,375
    Funds lent in using Kiva
  • 2,282.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Basooka Kwavula Development Association-Mityana Group's $2,050 loan helped a member the purchase of medicines to treat his animals and also buy more chicken feed.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2010
Listed
Nov 5, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011