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Hima Agahikaine Group, Kyenjojo
In this Group: Boniface, Flavia, Charles, Omuhureza, Ronald, Sarapio, Hadija, Safina, Sharon, Rose, Moses, Florence*
* not pictured
K. Boniface is the leader of Hima Agahikaine group in Kyenjojo. He is 42 years old and married with 6 children, all of them in school. Boniface has a retail shop in Munobwa that deals in household items. He works together with his wife and sells to residents in Hima. Boniface is able to make 200,000/= as weekly profits and he also has another business of tea trading. He has been in the business for over 13 years and he started with accumulated savings from selling produce. His dream is to be able to put up a wholesale shop in Fort Portal. He has bought land as a result of using loans. He needs a loan to be able to increase stock in 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

  • $1,500
    Average annual income
  • 201
    View loans »
    Uganda Loans Fundraising
  • $29,120,000
    Funds lent in using Kiva
  • 2,403.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Hima Agahikaine Group, Kyenjojo's $2,750 loan helped a member to pay for buying more sugar, soap, cooking oil and other household items to increase stock.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2011
Listed
Mar 29, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2011