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Karama Agahikaine Group
In this Group: Nviri, Nasuru, Topista, Juma, Aisha, Issa, Evast , Aloysious, Collenious, Friday, Charles
Nviri is a forty-eight-year-old married man with six children. He lives in Kyenjojo,Uganda. He trades in produce and has been in business for five years. He used to be a farmer and after realizing that farming would be a long process, he decided to venture into the produce business. He is happy with the decision. He has a challenge of price fluctuation. His dream is to own a food store.

Nviri is a member of a group whereas per policy, each one guarantees the other in acquiring the loan. He intends to use the loan to buy maize and beans for resale.

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
  • 241
    View loans »
    Uganda Loans Fundraising
  • $30,254,725
    Funds lent in using Kiva
  • 2,450.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Karama Agahikaine Group's $1,450 loan helped a member to buy maize and beans for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 20, 2011
Listed
Jan 10, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012