Check out some available loans that are similar to this one!
Ttanda Twezimbe Star Farmers Group-Mityana
In this Group: Mike Kunsa, Noelina, Margret, Ssentamu, Edward, Mary, John, Christine, Agnes, Joseph, Luteete, Frank, Dauglous, Bena
39-year-old Kunsa Mike K. has been in the commercial motorcycle transportation business for the past two years in Ttanda-Mityana. Before that, he was doing mostly farming. Weekly, the motorcycle business generates 60,000 shillings. On the side, Mike has an agricultural produce sales business. Friends, however, prevailed upon him to try his hand at the motorcycle business if he wanted to have a new lease of life in his circumstances.

The happily married father of two says with this loan he is going to purchase more agricultural produce to resell. He is looking at purchasing foods such as cassava, beans, maize, rice etc 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
  • 153
    View loans »
    Uganda Loans Fundraising
  • $28,711,800
    Funds lent in using Kiva
  • 2,375.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Ttanda Twezimbe Star Farmers Group-Mityana's $1,475 loan helped a member the purchase of more agricultural produce to resell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2011
Listed
Feb 22, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 4, 2012