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Kahondo Tukundane Group
In this Group: Ruth, Robert, Arthur, Robert, Dennis, Sarah, Esther, Gideon, Charles, Kawiri, Charles, James, Sarafina, Olivia, George, Andereya, William, Fred, Fausta
Arthur is a member of the above mentioned group where each member vouches for the others in accessing loans. He is a hardworking married man with two children living in Kamwenge, Uganda. His main business is running a drug shop along side farming to earn a living. He is facing a challenge of limited capital to buy stock, however, he has a vision of acquiring a pharmacy and venturing into modern farming activities. Arthur intends to use the loan to buy drugs 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
  • 233
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,624.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kahondo Tukundane Group's $3,575 loan helped a member to buy drugs to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2013
Listed
Mar 23, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 22, 2013