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Kajubwe Tukore Group A
In this Group: Edson, Christine, Alistidia, Joseph, Topher, Leah*, Wilber, Hasan, Jackson, Stephen, Milka*, John, Benson, Silivia, George, Joshua*
* not pictured
38-year-old A. Edson, a happily married father of two has been working at his carpentry business in Omukashenyi-Kihihi for a decade now. He makes wooden chairs, doors, and tables. Since the beginning he has banked on hard work to make headway in his operations. He began his business with savings from his tea leaves sales business. He still does sell tea leaves though it's now more of a second fiddle business.

Monthly he says his business profits amount to shillings 420,000 and he says with this loan, he is going to purchase more timber to make more chairs and other furniture 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
  • 163
    View loans »
    Uganda Loans Fundraising
  • $28,672,675
    Funds lent in using Kiva
  • 2,385.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kajubwe Tukore Group A's $4,000 loan helped a member to buy more timber to make furniture to resell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 27, 2011
Listed
May 12, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 2, 2012