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Kabundaire United Association Group
In this Group: Robert , Lydia, Ibrahim, Kato, Noah, Patrick, Ben
Ibrahim is a 31-year-old, enterprising married man with two children, living in his own house in Fort Portal, Uganda.

He longs to set up a venture for the family that can generate sustainable income. For seven years, he has been selling fresh food. Amidst the challenges of perishable goods and high rental fees, his goal is nonetheless to supply more fresh food. He is a member of the loan group, Kabundaire United Association.

Ibrahim needs the credit facility to buy fresh food for sale.

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

  • $1,800
    Average annual income
  • 289
    View loans »
    Uganda Loans Fundraising
  • $30,664,300
    Funds lent in using Kiva
  • 2,290.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kabundaire United Association Group's $1,700 loan helped a member buying fresh food for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 10, 2010
Listed
Dec 21, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011