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Katooke Kwekamba Group
In this Group: George, Anna, Mary, Asumin, Teopista, William George, Gadi, Satina, Felesta, Margret, Annet, G, Alex, Joseph, Mugisa
38-year-old, hard-working George lives in Kyenjojo, Uganda with his two children. After failing to continue with school due to a lack of money for school fees, he decided to venture into produce buying and selling. He has been in this business for 17 years. His major challenge is price fluctuation and inflation, and his dream is to diversify and grow crops. George needs the loan to buy maize and 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
  • 215
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,410.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Katooke Kwekamba Group's $2,700 loan helped a member to buy maize and beans to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2011
Listed
Jan 16, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 26, 2012