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Namizzi Central Group - Jinja
In this Group: Asuman, Zaminah, Mirabea, Peter, Harriet, Betty, Scovia, Betty, Night, Nabirye, Deborah, Ruth, Christopher, Ronah, Badru, Hadija, Sarah, Victoria, Fatumah, Beker*
* not pictured
For the last 9 and a half years, 42-year-old M. Asuman has been operating a farm supplies business in Buyala trading center in Jinja. He has mostly been selling veterinary medicines. He began this business after he finished apprentice training courtesy of his uncle. Before that he was more into agro produce sales.

Asuman is a married man with eight kids, six of whom go to school. He says only hard work, courage and prayers have gotten him this far. This business generates 100,000 shillings weekly for him. With this loan, he is going to buy more veterinary medicines to supply his old and new clients.

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
  • 244
    View loans »
    Uganda Loans Fundraising
  • $28,973,325
    Funds lent in using Kiva
  • 2,280.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Namizzi Central Group - Jinja's $4,975 loan helped a member to purchase more veterinary medicines.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011