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Kirongo Tweimukye Group
In this Group: Matia, Tinkasiimire, Juliet, Matia , Maliseri, Godfrey, Francis, Annet, Birungi
Matia is 45 years old and living in Kagadi, Uganda. For 10 years, he has been into the brick laying business after diverting from farming. His business is affected by delays in payments and weather factors. However, he has a dream of expanding his business to new areas. Matia is a member of Kirongo Tweimukye, a village group where members guarantee each other. He wants the loan to pay workers who are helping him with brick laying.

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
  • 163
    View loans »
    Uganda Loans Fundraising
  • $28,672,675
    Funds lent in using Kiva
  • 2,310.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kirongo Tweimukye Group's $1,525 loan helped a member to pay workers who are helping him with brick laying.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 27, 2012
Listed
Feb 16, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012