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Rwenshama  Boda Boda Association B Group
In this Group: Abert, Kenneth, Amuzan*, Umalu, Juma, Kuraish
* not pictured
Abert, aged 49, feels that he is worth his salt in his shoe sales business. He says that the inside lane of continued and future success is what his mind is set on now. He is worth his salt based on the fact that he has brought hard work to bear on his transactions. And it shows in the beehive activity at his shoe stall as clients flock either to try on the many pairs of shoes he has on offer or just to catch a glimpse.

Abert is a humorous, focused, God-fearing and good-natured dad to four cheerful kids who are all in school at present. He says he has been in this business for 13 years now. He operates in Rukungiri, in the West of Uganda.

Abert proudly speaks of how he has been able to extricate his family from its below the breadline existence with earnings from this business. This business he says was brought into existence with savings from his maiden business - farming. He says this business generates him monthly sales income to the tune of 200,000 Ugandan shillings. He intends to use this Kiva loan to purchase more pairs of shoes 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

  • $1,500
    Average annual income
  • 172
    View loans »
    Uganda Loans Fundraising
  • $28,677,475
    Funds lent in using Kiva
  • 2,785.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Rwenshama Boda Boda Association B Group's $1,450 loan helped a member to purchase more pairs of shoes to resell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2011
Listed
Aug 22, 2011
Currency Exchange Loss:
Possible
Ended:
May 10, 2012