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Kasika Business Group
In this Group: John, Bwambale, Jenus, Constance, Jeniffer, Lausiano, Jamima, Dezi, Solomon, Julian, Juliet, Asanairi, Nyesi, Medress, Medress, Immaculate, Rauliyano, Rauben, Edinuj
John is a twenty eight year old married man with two children living in Kasese,Uganda. He has been in shop business for three years. His hardship is inadequate capital to purchase stock, personal goal is to educate children and business goal is to expand business to new markets. John wants the money to buy soap and sugar for 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
  • 157
    View loans »
    Uganda Loans Fundraising
  • $28,703,800
    Funds lent in using Kiva
  • 2,500.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kasika Business Group's $2,550 loan helped a member to buy soap and sugar to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2012
Listed
Apr 19, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014