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Kikweete Mixed Farmers Group
In this Group: Moses, John, Ruth, Susan, Agnes, Teopista, Stella, Raulensio, Patrick, Ivan, John, George, Rosee, Teopista, Joseph, Charles , Jeres, Beatrice, Ivan, George, Owen
Moses wants a loan to set up a photo studio. Moses, age 23, has been a photographer for the last three years. He is a hardworking man renting a house in Kyenjojo, Uganda. Initially he was renting a camera but he now owns one and his desire is to set up a studio since not having a base has been his major challenge in the business. He is a member of Kasongodde Twegatte group where each member guarantees the other to assess a loan.

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
  • 296
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,790.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kikweete Mixed Farmers Group's $1,900 loan helped a member to set up a photo studio.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2011
Listed
Aug 20, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2012