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Setuka Wobadde Development Group
In this Group: John Baptist, Justine, Regina, Hassan, Edward, Leonard, Eron*, Edward, Thomas, Rose, Noah, Mary, Joseph
* not pictured
37-year-old John Baptist's reckoning is that this Kiva loan will come in invaluably handy for the expansion of his food sales business in the town of Mityana. He mostly sells high favor foods such as bananas, coffee, maize, cassava, sweet potatoes, etc in food markets in Mityana. To steer clear of failure the last six years he has been doing this business, John has been employing fundamental principals like relentless diligence, thinking outside the box and constant planning. These in tandem with a good working relationship with his clients, have been the hallmarks of his business' success.
John, who on the face of it is a buoyant and hospitable father of eight, says he began this business to avoid a situation where he had to live by his wits.
The business grew more with persuasion and a pep talk from close friends and relatives. Monthly, he says, his sales income totals up to Ugandan shillings 420,000. John says he is requesting this Kiva loan to purchase more bags of maize and coffee to sell.

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
  • 315
    View loans »
    Uganda Loans Fundraising
  • $30,718,125
    Funds lent in using Kiva
  • 2,605.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Setuka Wobadde Development Group's $1,500 loan helped a member to purchase more bags of maize and coffee to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 14, 2011
Listed
Aug 6, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 28, 2012