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Flying Eagles Youth Group
In this Group: Grace, Eria, Moses, Patrick, Samuel, Malia, Viola, Onesmus, Jude, Benaleta, Fred
Grace is a member of Flying Eagles Youth Group which is located in Butula on the outskirts of Kyotera town. He is a single father with six children and he is 40 years old. He lives in a village in Rakai district with his children; five of his children still attend different schools around the area.

He is a businessman and a farmer too. His main business is bark-cloth selling and he has been in this business since 1997. He is also a farmer who deals in coffee growing.

He works six days a week and each day he works for 7 hours. He started this business in order to earn money for paying school fees for his children and to satisfy their day-to-day needs.

He has acquired this loan in order to buy more stock (to re-stock) of the bark clothes. He sells his products to traders in the city. His dreams are to build rentals in a nearby trading centre which can be of more help to his children and to educate the children to the highest level of education. His main challenge is changes in fuel prices which makes transport to the city very costly and this forces him to sell his products from his home at low prices.

He describes himself as an honest and hard working man.

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.

Tags

About Uganda

  • $1,500
    Average annual income
  • 226
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,583.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Flying Eagles Youth Group's $1,600 loan helped a member to buy bark-cloth.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014