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Kavule Kwekamba Womens Group
In this Group: Stephen, Jane, Chikumu , Jolly , Mulow
Stephen is a 39-year-old married man with 4 children living in Bundibugyo, Uganda. He has a produce business that he has been operating for over 10 years. He started the business after realizing that he could not support his family by depending only on agriculture, since that sector is seasonal.

His main hardships are customers not paying on time and changes in the weather. Stephen's personal goals are to educate his children and himself while his business goals are to expand into new markets and move to a more permanent location. The purpose of the requested loan is to buy more cocoa 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

  • $1,800
    Average annual income
  • 309
    View loans »
    Uganda Loans Fundraising
  • $30,615,075
    Funds lent in using Kiva
  • 2,515.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kavule Kwekamba Womens Group's $1,225 loan helped a member to buy cocoa to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2012
Listed
Sep 28, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013