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Salama Development Group 1-Mukono
In this Group: William, Prossy, Denis, Sarah, Assiru*, Robinah, Muhammed*, Florence, Shamin, Polinali, Sarah, Grace
* not pictured
60,000 shillings is what this decade-long coffee sales business generates for this enterprising and high-spirited 46-year-old business man. He goes by the name of K. William and belongs to Salama Development group-Mukono. It was inspiration from a close acquaintance that got him started in this trade which he has been operating at a food market in Salama-Mukono.

His previous cattle selling business undertaking was of much help in providing the financial backing as he started. He still ekes out profits from it, though coffee selling is now a first fiddle business. With this loan he says he is going to restock his store with bags of coffee that he says he will resell. He envisions greater prospects for his business in the near future.

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
  • 235
    View loans »
    Uganda Loans Fundraising
  • $31,036,700
    Funds lent in using Kiva
  • 2,282.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Salama Development Group 1-Mukono's $3,925 loan helped a member to purchase coffee for resale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 30, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011