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Mwino Akuwa Group A-Jinja
In this Group: Wallen, Susan, Lucy, Hamuza, Judith, Florence, Peter, Margret, Vanice, Isac, Resty, Loy, Moses*, Lydia, Juliet, Ruth, Farida
* not pictured
40-year-old T. Wallen has operated his poultry sales business for one year. He operates this business from home and, weekly, this enterprise brings him shillings 90,000. Wallen says he started out with a rental business. Capital from the rental business, which he still operates, enabled him to get a foothold. He says that determination is what has gotten him this far. Wallen is happily married with 6 kids and he says that he will use this loan to pay for the completion costs on his rental structures

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
  • 229
    View loans »
    Uganda Loans Fundraising
  • $29,183,825
    Funds lent in using Kiva
  • 2,340.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mwino Akuwa Group A-Jinja's $4,625 loan helped a member to pay for completion costs on his rental structures.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 4, 2011
Listed
Feb 11, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2011