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Mukwano Kwagalana Development Group
In this Group: Ronald, Josphine, Mukasa, Joyce, Sarah, Faith, Livingstone, Lawrence, Slyvia, Robert*, Saul*, Simon*, Kimbowa, Babra, Lawrence
* not pictured
K. Ronald, 53 years old, has been in the brick sales business for 8 years, and the happily married father of 13 says he has no regrets about his decision to venture into this business from his first business - farming. With this business, which has called for constant diligence, he has managed to provide better welfare for his family. He operates his business from Kiira trading center, Kampala. The business generates 200,000 UGX as monthly profit. K. Ronald also operates a canteen in a nearby school. He plans to use this loan to buy a modern brick-making machine.

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
  • 106
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,376.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mukwano Kwagalana Development Group's $3,300 loan helped a member to purchase a modern brick-making machine.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2011
Listed
May 7, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 26, 2011