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Rwenkurijo Tutungukye Group
In this Group: Emmanuel, Geofrey, Bosco John, Appollo, Topha*, Alfred, Maria, Kenesta, Jackson, Dakan*, Appollo, Sylivia, Geresim, Tophas, Boss, Pasicasia, Eliasaph, Imelda, Zadok*
* not pictured
32-year-old Emmanuel has been in a retail business for 4 years now, running it in Bushenyi. The father of 3 owns a farm, too. He says he began his retail enterprise to supplement the profits he was making out of his farming business. Hard work, he asserts, has been pivotal in his progress. He says this business generates monthly sales profits to the sum of 200,000 shillings.

The purchase of more general merchandise and retail commodities such as rice, sugar, soap, etc. is what he is planning to use this Kiva loan for.

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
  • 273
    View loans »
    Uganda Loans Fundraising
  • $31,080,425
    Funds lent in using Kiva
  • 2,406.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Rwenkurijo Tutungukye Group's $4,375 loan helped a member to purchase rice, sugar, soap, etc. to resell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 2, 2011
Listed
Jun 16, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 28, 2012