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Kasheshero United Group
In this Group: Peace, Annah, Lauben, Geofrey
Selling timber has been 39-year-old Peace's business for four years now in Bushenyi, Western Uganda. Previously, this mother of three farmed. Peace has worked very hard for her success and is not looking to slow down, saying hard work is her formula to achieve longevity. Weekly she can earn profits of up to shillings 100,000, and this loan will be used to purchase more timber 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
  • 100
    View loans »
    Uganda Loans Fundraising
  • $28,253,000
    Funds lent in using Kiva
  • 2,406.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kasheshero United Group's $800 loan helped a member to purchase more timber to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2011
Listed
Jun 16, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 6, 2012