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Kyarutanga Twetungura Group
In this Group: John Baptist, Clare, Steven, Dinavance, Florence, Clement, Richard, Mwebaze, Dennis, Claudius, Francis, Venos, David, Vitoori, Patrick, Vicent, Ambrose, Winfred*
* not pictured
A. John Baptist is a hardworking and ever-optimistic 37-year-old married father with five children. He is the leader of the Kyarutanga Twetungura group of Ibanda. A. operates a produce and retail shop business in Bwera, Ibanda, where he sells general merchandise such as soap, soft drinks, beer, salt, sugar and other items. He has run his business for over 13 years and has managed to sustain and significantly improve his family’s welfare. A. makes close to 300,000 UGX monthly.

A. is requesting a new loan to buy more merchandise for his shop. This will enable him to expand his business and earn more revenue.

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
  • 281
    View loans »
    Uganda Loans Fundraising
  • $31,076,375
    Funds lent in using Kiva
  • 2,400.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kyarutanga Twetungura Group's $4,850 loan helped a member to purchase general store merchandise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 4, 2011
Listed
Mar 28, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 1, 2011