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Kajubwe Tukore Group B
In this Group: Samuel, Evas, Caraveri, Ruth, Cosma, Mark, Violet, Beatrace, Jowanina, Kanoel, Abel, David, Justus, Korutaro, Patrick, Pasikazia
Samuel B., 62, right with hand raised, is an agriculturist from Kajubwe in Kihihi District. He grows and sells tea leaves. The father of 7, he also plants and sells coffee. He has been in this business for the past 20 years and he says he got start up capital from a modest coffee sales business. He says this business generates him profits of shillings 700,000 UGX a month and with this loan he is going to purchase more high-grade manure for his tea gardens.

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
  • 312
    View loans »
    Uganda Loans Fundraising
  • $30,718,125
    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 B's $3,200 loan helped a member to purchase more high-grade manure for use in his tea gardens.
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