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Kikongo Development Group-Mukono
In this Group: Moses, Damalie, Rosemary, Prossy, Rossette, Kate*, Nulu, Rita, Mildred, Esther*, Josephine, Leonia, Esther, Ronald, Rosemary, Lawerence, Halima*, Teopista
* not pictured
34-year-old K. Moses has been operating an alcohol selling business in Kikongo-Mukono for 10 years. It is a business that appeals to both low and middle income earners in and around his neighborhood.

Moses says he began this business with the sway of his mother. Before that he was more inclined toward a maize flour selling enterprise.

Moses, who is happily married with 4 kids, says hard work, determination and prayers are what he has relied on to firmly establish his niche. With this loan, Moses, who is affliated with Kikongo Development group, says he is going to purchase more bottles of alcohol 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
  • 147
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,297.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kikongo Development Group-Mukono's $4,075 loan helped a member the purchase alcohol to resell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2010
Listed
Dec 2, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011