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Byona Biyinzika S&c Co-Operation Society - Kampala Group
In this Group: Frank, Mariam, Rose, Nulu, Tubayungye*, Wilson*, Abubakar, Olivia, Sarah, Harriet, Beatrice, Prossy
* not pictured
Thirty-year-old Frank M. says with hindsight that hard work and self-motivation have, for the last eight years, served him right in his spare parts business. He is quick to pay compliments to close friends, whom he says prevailed upon him to start this business. Prior to that, he was more inclined to farming. He still does farming but at a low-key level.

Kiseka market in Kampala is where he operates and 500,000 shillings is what he totals as weekly profits. Frank is happily married with four kids and he says with this loan, he is going to purchase more spare parts for resale. He belongs to the Byona Biyinzika Group - Kampala.

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
  • 273
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,280.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Byona Biyinzika S&c Co-Operation Society - Kampala Group's $2,750 loan helped a member the procurement of more spare parts for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011