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Kiraaro Twekambe Group
In this Group: Robert , Peter, Medyasi, Peter, Selvano, Margret, Babiiha, Uephrazia, Sylevano
Robert is a member of the above group, where members guarantee each other to access a loan. In order to supplement his farming activities he decided to venture into a retail shop business. With the proceeds he has been able to meet his family's basic needs. Bad debts and price fluctuation are his major challenges, while his dream is to trade in wholesale. Robert intends to use the loan to buy general merchandise such as sugar and salt 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
  • 308
    View loans »
    Uganda Loans Fundraising
  • $30,718,125
    Funds lent in using Kiva
  • 2,710.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kiraaro Twekambe Group's $725 loan helped a member to buy general merchandise such as sugar and salt to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2012
Listed
Jan 4, 2013
Currency Exchange Loss:
Possible
Ended:
May 19, 2013