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Mukisa Development Group-Kampala
In this Group: Nelson, Robert, Deo, Patrick, Annet, Christine, Christine, Immaculate, Madina, Deborah, Ali, Steven, Juliet, Agnes
35-year-old M. Nelson is a firewood and coffee sales businessman who has been operating his business for the past 8 years in Gayaza-Kampala. The amiable father of two says he began this business with the persuasion of close friends who had seen success in similar businesses.

Before that, Nelson was involved in a glass sales trade. Nelson also has a pig husbandry business on the side. Weekly he says the firewood business brings in shillings 25,000 as profits. With this loan, he says he is going to purchase more firewood and coffee 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
  • 245
    View loans »
    Uganda Loans Fundraising
  • $28,973,325
    Funds lent in using Kiva
  • 2,405.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mukisa Development Group-Kampala's $2,000 loan helped a member to purchase more firewood and coffee to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 30, 2011
Listed
Mar 31, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 1, 2011