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Mbuzi Tukorrehamu Group
In this Group: John, Clotida, Richard, Anneti, Anneti, Rosset, Adolf, Joseph
John owns and operates a retail shop. He is a hard-working young man who has been running this business for five years. John faces a primary challenge in people taking a long time to clear their debts. His business goal is eventually to own a large wholesale shop.

John lives with his wife and three children in a semi-permanent house in Fort Portal, Uganda. His personal goal is to educate his children and to construct a high-quality, permanent house.

John needs the loan to buy salt, sugar, and soap to offer for sale.

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
  • 147
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,600.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mbuzi Tukorrehamu Group's $1,600 loan helped a member to buy salt, sugar, and soap to offer for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 26, 2011
Listed
Nov 13, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2012