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Bwanda Bakyara Kwetungura Group
In this Group: Miria, Sezi, Specious, Julius, Patrick, Rose, Charles*, Harriet, Dinah, Jenerous, Lauben, Siperata*, Lydia, Generous
* not pictured
It's been a decade now since 54-year-old Miria set forth in her animal sales trade in Rukungiri in Western Uganda in East Africa. This happily married mother of four says she began her business, mostly selling goats, under the financial auspices of a government agricultural advisory services scheme. On the side, she plys a modest banana sales business that she says generates income that she reinvests in her main business.

A decade's experience in this business has taught her much about the unpredictable nature of doing business. She says unwavering hard work, proper planning, perseverance and moral support, especially from close family, have contributed a lot to her success. Monthly, she says her gross sales profits total up to 200,000 Ugandan shillings. She says, with this Kiva loan, she intends to purchase more goats 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
  • 249
    View loans »
    Uganda Loans Fundraising
  • $28,966,450
    Funds lent in using Kiva
  • 2,600.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Bwanda Bakyara Kwetungura Group's $2,350 loan helped a member to purchase more goats to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 7, 2011
Listed
Jul 27, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 28, 2012