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Kihuura Kwetegekera Group
In this Group: Karoli, Rosemary, Ludovicus, Cosita, John, Margret, Grace, Mathias, Pauline, John, Teopista, Peter, Federesi, Christine, Wilson, Gorret, John, Yusuf
Karoli is 70 years old and married with four children. He has dependents who live with him in his house in Kagadi, Uganda. He has been in commercial farming for over 30 years and this helps him maintain his extended family. He faces the challenge of debtors who have a tendency of defaulting. His dream is to venture into mechanized farming. Karoli needs a loan to buy maize for planting.

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
  • 235
    View loans »
    Uganda Loans Fundraising
  • $31,036,700
    Funds lent in using Kiva
  • 2,847.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kihuura Kwetegekera Group's $1,975 loan helped a member to buy maize for planting.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2011
Listed
Oct 23, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 26, 2012