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United Youth Group
In this Group: Naboth, Laban, Lawrence, Emmanuel, Francis, David, Fred, Patrick, Darius
Naboth is single and has no children yet. He is a very hard working 32 year old Ugandan carpenter who does his business along one of the busiest roads in Bushenyi. He makes chairs, wooden doors and windows, among other things. He says his products sell at high prices due to the quality he puts into them at the workshop. He has spent 4 years in this business, and is able to generate profits amounting to 100,000 UGX per month.

Naboth also has a banana plantation from which he gets additional income. His dream is to build a good residential house. He will use his loan to purchase more timber to make more furniture 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

  • $1,500
    Average annual income
  • 245
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,805.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of United Youth Group's $1,425 loan helped a member to purchase more timber to make more furniture to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2011
Listed
Sep 17, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 2, 2012