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Kanyerere Ii Kyamwasha Bakyara Basheija Group
In this Group: Smith, James, Medard, Jeska, Aidah*, Patrick, Peace, Justina, Merabu, Saffina, Justinah, Emmanuel, Annet, Jane
* not pictured
Forty-year-old Smith believes that without taking risks, one's odds at business success are minimal. Many people who know Smith describe him as a risk-taking and bold entrepreneur. Smith, who is happily married with 6 kids, has thrived in his food sales business, courtesy of his diligence, resilience and determination. His honesty, too, has been invaluable the last 9 years. Smith mostly sells beans, maize and coffee in food markets in Ntungamo. Weekly he says his business generates him shillings of 250,000 as profit.

Smith says being a farmer has come in really handy especially during times when there is a food crisis in Uganda. He says demand for his crops increases and as such he is able to make more sales profit. With this loan, Smith says he is going to purchase high-grade manure for his farming and gardens. He anticipates a betterment in his crop yields with the passage of time.

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
  • 272
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,395.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kanyerere Ii Kyamwasha Bakyara Basheija Group's $3,025 loan helped a member to purchase high-grade manure fertilizer for his farming and gardens.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2011
Listed
May 20, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 2, 2012