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Kagabi Multi-Purpose-Mpigi Group
In this Group: Twaha, Abdu, Aisha, Francis, Francis, Hasifa, Fatuma, Charles, Florence, Sarah, Justine, Ahmed*, Annet, Rehema, Saul, Moses, Jane, Yoram, Margret, Faridah, John, Justine, Robert, Aidah, Mary
* not pictured
Forty-two-year-old Twaha K. belongs to the Kagabi Multipurpose Group - Mpigi. He has been running his timber business for eight years in the Kasubi Market. It is a business that this married father of five says brings in weekly proceeds to the tune of 100,000 shillings.

Twaha also gets additional earnings from a poultry business. He was at first into tree cutting. Twaha describes himself as meticulous and visionary. With this loan, he says he is going to revamp his business with purchases of enough timber to resell.

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
  • 152
    View loans »
    Uganda Loans Fundraising
  • $28,307,700
    Funds lent in using Kiva
  • 2,280.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kagabi Multi-Purpose-Mpigi Group's $4,550 loan helped a member the purchase of more timber for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011