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Kicwamba Tukore Group
In this Group: David, John, Justus, Fred, Jonah, Leopold*, Fideri*, Stanley, Allen, Joyce, Karoli, John
* not pictured
A one-track-mind inclination and failing to think outside the box in a business as competitive as carpentry is a recipe for a crisis or failure. One has to be innovative, open-minded and have the ability to make decisions independently and under pressure to make progress. That's from the perspective of 46-year-old David, a been there, done that, down-to-earth father of four buoyant kids who plies his carpentry trade in Rukungiri. He has been in this business for close to 20 years.

David makes an array of timber products at his workshop, such as chairs, tables, desks, sideboards, etc. He, at length, resells most of his products to his clientele, new and old alike. The good quality of his products has won him laurels. He has been able to consolidate on his achievements in the past 16 years, albeit with hard work and determination.

Farming is his other side source of income. As a matter of fact, David says he took root in his carpentry business with savings from his farming business. This business' gross monthly sales revenue is the sum of Uganda shillings 250,000. David says he intends to use this Kiva Loan to purchase more timber for use at his workshop. He anticipates being able to make more of the aforementioned wooden products 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

  • $1,800
    Average annual income
  • 322
    View loans »
    Uganda Loans Fundraising
  • $30,632,375
    Funds lent in using Kiva
  • 2,790.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kicwamba Tukore Group's $3,600 loan helped a member to purchase more timber to use at his workshop.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2011
Listed
Aug 21, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 3, 2012