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Munywambogo Abalema Tweyimukye Group
In this Group: Bernard, Feibi, John, Rusia, Beya, Godfrey, Mucunguzi , Leo, Saul, Janemary, Sarafini, Christopher, John, Priscilla, Wilson, Peace, Anna Maria, Sarapio, Erisa
Benard is a Ugandan man, age 55, who needs a loan to prepare land for cultivation and plant maize. He is from the Kyenjojo district. Benard is a father of four children who are between the ages of 10 and 18. He dreams of building a good house and planting more than 10 acres of maize.
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He is a member of the Munywambogo Abalema Teimukye Tukole group, where the members guarantee each other's loans.

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
  • 236
    View loans »
    Uganda Loans Fundraising
  • $31,036,700
    Funds lent in using Kiva
  • 2,770.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Munywambogo Abalema Tweyimukye Group's $1,375 loan helped a member to prepare land for cultivation and plant maize.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 28, 2011
Listed
Aug 20, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012