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Basoga Tweyambe-Jinja Group
In this Group: Fred, Betty, Sadiq*, Eria, Aramathan, Kisame, Salama, Muzamiru, Sopheresi, Eric Kiira, Augustine, Sanebi, Umar*, James, Monica, Faridah, Ruth, Ziyadi*, Fred, David
* not pictured
Fred M. belongs to Basoga Tweyambe group-Jinja. Twelve years is the time he has been operating his retail shop in Jinja Town. He started this business with the influence of a close friend. Prior to this, he was more preoccupied with his farming enterprise that he still runs, albeit on a low key basis. To all appearances, Fred seems a diligent,cooperative and determined gentleman. Close friends say he exhibits a certain courage of conviction that they say at length will most probably see him make much more head way in his operations.

At his retail shop he sells a variety of general merchandise retail items that are popular with most people in the area he operates from. Weekly, he says this business generates him shillings 150,000 as profits, and with this loan he says he is going to procure more general merchandise retail items such as maize flour, rice, beans, etc. to resell. The kids who appear in the photo are children of some of the group members.

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
  • 311
    View loans »
    Uganda Loans Fundraising
  • $29,712,250
    Funds lent in using Kiva
  • 2,297.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Basoga Tweyambe-Jinja Group's $4,775 loan helped a member to purchase more general merchandise retail items such as maize flour, rice, etc. for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2010
Listed
Dec 3, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011