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Burambira Development Group A
In this Group: Gad, Jane, Geofrey, Moses, Satarday, Naris, Gabriel, Stephen*, Moses, Vicent*, John, Alice
* not pictured
Gad T., 43, is an enterprising business man with foresight. He firmly believes in the future prospects of his general merchandise retail shop, which is located in Burambira in the Kihihi District. The shop has been in business for over a decade and he believes it is destined for even more long-term success.

Gad, a the father of four children, gleefully remarks that the success of the shop is due to the hard work ethic he has nurtured and embraced. The store was launched with savings from his agricultural sales business. The shop's weekly sales is approximately 180,000 shillings. He will use the loan to purchase more retail commodities 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
  • 296
    View loans »
    Uganda Loans Fundraising
  • $30,299,000
    Funds lent in using Kiva
  • 2,390.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Burambira Development Group A's $2,025 loan helped a member to purchase more retail commodities to resell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2011
Listed
May 17, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 2, 2012