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Agahikane Karungu Parish Group
In this Group: Wilberforce , Siraje, Julius, Herbert, Robert, Ambrose , Paul , David , Rauben, Benon , Henry, Joseph, Johnbosco, Joseph, Asead , Provia, Christopher
It is with earnings from his 5-year-old retail business that 46-year-old Wilberforce has been able to bring an improved value and lease of life not only to his life but to that of his family.

With a supportive and enterprising wife by his side and his seven children who have embraced the virtues of diligence, the sky is the only limit for his family.

Wilberforce's shop is a general merchandise retail outlet and on array are loads of items, including sugar, soap, plastics, rice, beans, salt, and many others. This means most of his clients have a variety to choose from. Weekly his sales returns add up to UGX, 40,000.

On the side, Wilberforce also ekes out additional income from farming.

He intends to use his Kiva loan to purchase more retail stock to resell. Commodities like sugar, salt and maize flour are high on his shopping list.

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
  • 287
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,567.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Agahikane Karungu Parish Group's $4,825 loan helped a member to purchase commodities like sugar, salt and maize flour to sell in his shop.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2011
Listed
Nov 29, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 6, 2012