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Nyabihoko Tutungukye Group B
In this Group: Benoni, Vasta, Erick, Godfrey, Felix, Gard, Lawrance, Bernard, Alfred, Paison, Emmy, Yosam, Robert, Gad, Alban
Benoni B. is the leader of the Nyabihoko Tutungukye lending group. He is 63 years old and married, and he has six children. He sells products, such as tea leaves (dry and fresh), beans, and coffee. He has been operating from Nyabihoko Cell for over 30 years. This is a business that he started with his own tea plantation harvest.

Benoni needs a loan to buy more products to sell so he can expand his business. His dream is to expand his business and to create jobs for his children.

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
  • 363
    View loans »
    Uganda Loans Fundraising
  • $29,766,150
    Funds lent in using Kiva
  • 2,298.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Nyabihoko Tutungukye Group B's $1,800 loan helped a member buy more tea leaves, beans and coffee to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011