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Perfect Development Group
In this Group: Saua, Jackson, Brenda, Lwanga, Mayimuna*, Alice, Josephine, Abbey*, Brain, Margret, Ivan, Yakubu
* not pictured
30-year-old G. Saua has been engaged in a motorcycle transportation business in Kalagi-Mukono for the last five years. This father of two says he joined this business influenced by his close friends. Before that, he was plying a clothes sales enterprise. Hard work and determination are the two factors which have seen him make strides. Weekly, out of this lucrative business, Saua says he makes profit to the tune of 160,000 shillings, and he says with this loan he is going to purchase another motorbike. He says with another motorbike, he will be able to increase his daily income.

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
  • 238
    View loans »
    Uganda Loans Fundraising
  • $31,036,700
    Funds lent in using Kiva
  • 2,385.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Perfect Development Group's $2,525 loan helped a member to purchase another motorbike.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 11, 2011
Listed
May 9, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 2, 2012