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Mutai Development Association-Jinja Group
In this Group: Sulaiman, Kaamu, Faridah*, Irene, Sanon, Yeko, Annet, Ruth, Rachael, Margaret, Florence, Shidah*, Magidu
* not pictured
M. Sulaiman is 50 years old and a member of the Mutai Development Association-Jinja. For the last six years, he has made a living by selling charcoal, firewood and milk to people in his town. He began by selling charcoal only, but gradually expanded his product offerings. He is diligent, focused and hard-working, and exudes confidence when you meet him for the first time. His businesses generate an income of 200,000 shillings a month, and with 10 children to support, he plans to use his portion of this group loan to buy more charcoal and firewood to sell to his customers.

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
  • 100
    View loans »
    Uganda Loans Fundraising
  • $28,253,000
    Funds lent in using Kiva
  • 2,373.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mutai Development Association-Jinja Group's $3,775 loan helped a member to buy charcoal and firewood to sell to his customers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2011
Listed
Feb 16, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2011