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Bughoye Twanzane Group
In this Group: Edward, Peluci, Everina, Dionizi, Faith, Neverless, Zipora, Yofesi, Lazaro, Varigina, Regina, Revina, Prisilla, Torofani, William, Elizabeth, Lucia, John, Yolesi, Yozefina, Harriet, Naume, Joyce, Vanisi, Zawa
Edward is 58 years old, married, and has eight children. He owns a house in Kasese, Uganda.

Edward has a business selling coffee and beans, which he has been doing for three years. He started with 100,000 shillings and now has 600,000 shillings. His challenge is limited capital; his vision is having a big store for produce plus educating his children. Edward is requesting a loan, which he will use to buy beans 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
  • 156
    View loans »
    Uganda Loans Fundraising
  • $28,703,800
    Funds lent in using Kiva
  • 2,835.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Bughoye Twanzane Group's $1,925 loan helped a member to purchase beans to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 20, 2011
Listed
Oct 28, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2012