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Kaduku 2 Star Group
In this Group: Peter, Mario, Naphtali, Patrick, Ernestina, Alfred, Jane, Florence, Mamai, Fatuma, Tauba, William, Patrick, Luka, Stanely, Erasto, Charles, Anna, Moses
Peter lives in Masindi, Uganda. He is 52 years old and married with four children. For the last 30 years, he has been in farming. He started with five acres and now has 20 acres of maize. His dream is to build a permanent house and pay school fees. Farming inputs are not readily available causing poor yields. Peter wants a loan to buy seeds for planting.

He is a member of Kaduku 2 Star group where members guarantee each other in order to access a loan.

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
  • 315
    View loans »
    Uganda Loans Fundraising
  • $29,712,250
    Funds lent in using Kiva
  • 2,460.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kaduku 2 Star Group's $2,925 loan helped a member to buy seeds for planting.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 14, 2012
Listed
Mar 8, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013