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Kashenyi Twetungure Group B-Kihihi
In this Group: Edward, Silver, Jackson, Benard*, Dominic, Purutazi, Goretti, Patience, Generous, Kellen, Charles, Aaron
* not pictured
42-year-old N. Edward has been in the retail business for the past 6 years in Nsanyi-Kihihi. The reason he says he started this business is because he saw a ready market for many of the retail commodities he has been trading. Weekly, this happily married father of 6 says this business generates for him 80,000 shillings.

Edward belongs to Kashenyi Twetungure group-Kihihi. With this loan, he says he is going to purchase more retail commodities to resell.

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
  • 174
    View loans »
    Uganda Loans Fundraising
  • $28,719,850
    Funds lent in using Kiva
  • 2,357.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kashenyi Twetungure Group B-Kihihi's $4,600 loan helped a member to buy retail commodities to resell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2010
Listed
Feb 1, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 2, 2012