Check out some available loans that are similar to this one!
Mbuzi Tukorrehamu Group
In this Group: John, Anneti, Adolf, Richard, Moses, Sarah, Annet, Ronald, Richard*, Juliet*
* not pictured

Update on Mbuzi Tukorrehamu Group

Adolf is member of the above-mentioned group where each one guarantees the other in accessing a loan. He sells secondhand clothes and also practices farming. The good father that he is, Adolf desires to educate his children up to the university and set up sustainable income-generating activities for them. Price fluctuations and inflation are his major challenges, while his dream is to trade in wholesale. Adolf intends to use the loan to buy shoes to sell.

Previous Loan Details

John owns and operates a retail shop. He is a hard-working young man who has been running this business for five years. John faces a primary challenge in people taking a long time to clear their debts. His business goal is eventually to own a large wholesale shop. John lives with his wife and... More from Mbuzi Tukorrehamu Group's previous loan »

Additional Information

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 297
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,659.6
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mbuzi Tukorrehamu Group's $1,675 loan helped a member to buy shoes to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2013
Listed
Feb 7, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013