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Ageteraine Kidindimya Group
In this Group: Miria, Yostas*, Nalisensio, Joseph, Aron, Evalisto, Medius*, Julius, Paul*, Joseph, Lauben, Joseph , Boneventura, Vicent , Geofrey, Margret, Vicent
* not pictured
Joseph, 40, is married and the father of seven children. The family lives in a house in the Kyenjojo district of Uganda. He is a member of Ageteraine Kidindimya group in which each member guarantees the other members’ loan repayments.


Having started as a farmer, Joseph saved enough money to start up a barber shop that has grown over the past three years. He would like a loan to buy more barbering equipment for his shop.


Joseph’s dream is to educate his children.

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
  • 239
    View loans »
    Uganda Loans Fundraising
  • $31,036,700
    Funds lent in using Kiva
  • 2,517.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Ageteraine Kidindimya Group's $2,900 loan helped a member to buy more barbering equipment for his shop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2011
Listed
Jul 8, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012