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Kyandago Development Group B, Kihihi
In this Group: Erikana, Patrick, Eliphaz, Jane, Benard, Samuel, Robert, Jeninah, Julius, Benson, Sezi, Musa, Augus, Elinah, Geoffrey, Micheal, Herbert, Jack*, Yonasani
* not pictured
Erikana B. is the leader of Kyandago development group B. He is a business man with a retail shop in Kyandago that has been in operations for four years. He sells sugar, salt, drinks and other general merchandise to the local people and travelers, since he is stationed by the road side outside of his home. He is able to make 200,000/= as monthly profits. Erikana is also a farmer with tea plants and the sale of matooke to the general public and the tea factory in his area.

He needs a loan to be able to buy more stock for his shop.

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

  • $1,800
    Average annual income
  • 291
    View loans »
    Uganda Loans Fundraising
  • $31,089,375
    Funds lent in using Kiva
  • 2,347.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kyandago Development Group B, Kihihi's $4,575 loan helped a member restocking his retail shop with more goods.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2011
Listed
Mar 1, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 22, 2011