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Kigando Abeteraine Group
In this Group: Richard , Grace, Imelda, Francis *, James, Sunday, Simon, Clovice, Patrick, John, Sefuroza, Godfrey, Janerose, John
* not pictured
Francis is a 30-year-old married man with two children living in a rented house in Fort Portal, Uganda.

He has been operating a retail shop as well as repairing bicycles for four years and this has helped him in providing basics to his family. His major hardship is inadequate capital to meet the increasing demand and his dream is to have an established workshop and a depot. Francis needs the loan to buy bicycle spare parts, crates of beer and sodas 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
  • 242
    View loans »
    Uganda Loans Fundraising
  • $31,040,150
    Funds lent in using Kiva
  • 2,680.4
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kigando Abeteraine Group's $1,625 loan helped a member to buy bicycle spare parts, crates of beer and soda to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2011
Listed
Aug 13, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2012