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Kitinda Traders Group
In this Group: Kandi, Legio, Christopher, Racheal, Macline, Mariko, Elias, Apollo, Caroline*, Dominic, David
* not pictured
Kandi N. is a member of the Kitinda Traders group. He is 40 years old, married, and has 14 children. Kandi has a retail shop business where he sells posho, sugar, soap, and more for a profit. He has been in the business for 20 years and he acquired his start-up capital from agriculture after advice from a friend. He is a social and hard-working man who wants his children to have the best in life. Kandi also has a boda boda business; he is a farmer and he sells produce to earn additional income. He is requesting a loan to be able to expand his business by restocking his retail shop with general merchandise.

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
  • 138
    View loans »
    Uganda Loans Fundraising
  • $28,666,600
    Funds lent in using Kiva
  • 2,310.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kitinda Traders Group's $2,100 loan helped a member to restock his shop with general merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 5, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011