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Igimbi Agahikaine Group
In this Group: Yosia, Mugabi, Gerald, Mugabe, Specioza, Matia, Stephen, Topister, Wilber, Basore, John, Yostansi, Matia, Johnbosco, Kayizi, Cosma, Joseph
Yosia is a married man, aged 50, who owns a produce store that he has run for 7 years. He got start-up capital from brick laying. Inadequate capital is affecting his business. He would like to expand his business to other areas within the district and to educate his eight children. He is a member of Igimbi Agahikaine group, where each member guarantees the other. Yosia is requesting a loan to buy maize and beans 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

  • $1,500
    Average annual income
  • 167
    View loans »
    Uganda Loans Fundraising
  • $28,677,475
    Funds lent in using Kiva
  • 2,600.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Igimbi Agahikaine Group's $2,625 loan helped a member to buy maize and beans to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2012
Listed
Oct 17, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013