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Kaiha Group
In this Group: Peter , Purunali, Godfrey, Silver*, Everest, Milton, Hamada, Gerald*, Denis, Judith
* not pictured
Purunali is a 45-year-old married man with 6 children aged between 20 and 9 living in Kagadi, Uganda.Twelve years ago he decided to set up a retail shop in order to have a sustainable income for his family. With the profits he has been able to pay school fees for his children and buy land. He is also charged with the responsibilty of looking after two orphans. Rurunali is hardworking and determined to change his future and that of his children positively. Purunali needs the loan to buy soap, sugar and other general merchandise to sell. He is a member of a group where each member guarantees for the others 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

  • $1,800
    Average annual income
  • 312
    View loans »
    Uganda Loans Fundraising
  • $30,637,850
    Funds lent in using Kiva
  • 2,487.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kaiha Group's $1,825 loan helped a member buy general merchandise to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2012
Listed
Sep 24, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013