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Katebo Business Group
In this Group: Juliet, Martin, Caroline, Robert, Vincent, Dezidelio, Ezekial, Goretti, Isaac, Margaret, Sunday, Jesca, Herbert, Muzafaru, Ramathan, Ben, Rachael, Zuena
Katebo business group is located in the Katebo trading centre in Buwama. The chairperson, N. Juliet is 52 years old, divorced with 9 children and cares for 6 grandchildren. This has kept her in business since she has nowhere to turn to except getting a loan to boost her business. She runs a banana plantation where she also keeps cows and pigs. This loan will help her employ local workers and buy more pigs since they do not take long to mature. This will in turn help her continue paying fees for her school going children.

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
  • 271
    View loans »
    Uganda Loans Fundraising
  • $31,081,300
    Funds lent in using Kiva
  • 1,703.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Katebo Business Group's $4,175 loan helped a member to buy more pigs, cows and employ manpower for her banana plantation.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 26, 2008
Listed
Feb 10, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 26, 2008