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Hamwani Tweyimukye Group
In this Group: David , Edith, Steven, Jimmy, Joyce, Betty, Angelica, Esta, Christine, Jassy, Moses
David is a hard-working man living in Fort Portal, Uganda. His main business is a retail shop along with farming to boost his income. Like most traders, he has challenges of price fluctuation and unpredictable weather changes.

David is requesting a loan, which he will use to buy general merchandise such as sugar, rice, and maize flour to sell. He is a member of the Hamwani Tweyimukye Group where each one guarantees the other in accessing a loan. In the future, he hopes to expand his business to new areas and educate his children up to the university level.

Additional Information

More information about this loan

This loan is part of HOFOKAM's program targeting poor and geographically excluded populations in Western Uganda. In addition to loans, it provides social and business training programs to low-income entrepreneurs and their communities. Since 2003, HOFOKAM has provided sustainable financial and non-financial services to promote social, economic and sustainable land development and improve the quality of life for vulnerable populations. The organization has a clear vested interest in underserved communities with its headquarters in rural Fort Portal and a number of branches in extremely remote areas.
 

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
  • 296
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,598.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Hamwani Tweyimukye Group's $1,775 loan helped a member to purchase general merchandise such as sugar, rice, and maize flour to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2013
Listed
Apr 9, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2013