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Kansenene Group
In this Group: John , Donozio, Tereza, Augustine, James , Aston, Robert, Erika, Rose
John is a member of Kansenene United Traders where each member guarantees the others' loans. He needs a loan to purchase fresh food such as irish and sweet potatoes to sell. He lives in Fort Portal Uganda and is married with eight children. The youngest is 15 years old. John has been dealing in fresh foods for two years and has already grown his profits. His future plan is to set up at least six stalls in different markets.

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
  • 256
    View loans »
    Uganda Loans Fundraising
  • $29,237,175
    Funds lent in using Kiva
  • 2,370.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kansenene Group's $1,700 loan helped a member purchase fresh produce for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2011
Listed
Mar 4, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011