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St.noah Development Group
In this Group: Erikanjeru, Appolonali, Tarasizio, Boneface, Paul, Musa, Harriet, Vicent, Taddeo, Issa, Moses, Jane, Leontina, Living, Leonard, Godfrey
Boneface is a 22-year-old married man with one child. He lives in a permanent house in the district of Kyenjojo Uganda. He wishes to have all the required gadgets for his barber shop and run a successful shop and educate his children so that they can have a better future.

Boneface wants a loan to buy shaving machines.

Boneface is a member of St. Noah Development group, in which each member guarantees the other for access to credit.

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
  • 112
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,308.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of St.noah Development Group's $1,550 loan helped a member buying shaving machines.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 30, 2010
Listed
Jan 9, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011