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Kahondo Twimu Group
In this Group: Robert, Siver, Matayo, Charles, Bagacwa, Jovanis, Nasura, Turyashemererwa, John, Denis, Kusiima, Idivina, Alfred , Evalisto, James, Vincent, Furida, Rosset
Silver is fifty years old, married with six children living in his own house in Kamwenge Uganda with a desire to educate his children up to the university level. He has been farming tobacco for seven years now and he confesses to have not met any big challenges as the business is steadily progressing.

He started with capital of five hundred but now has two million. He is a member of the Kahondo Group where each member guarantees the other. Silver needs the credit facility to plant more tobacco.

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
  • 364
    View loans »
    Uganda Loans Fundraising
  • $29,766,150
    Funds lent in using Kiva
  • 2,325.0
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Kahondo Twimu Group's $3,400 loan helped a member to plant more tobbacco.
99% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2010
Listed
Jan 6, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 23, 2011