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Bwavumpologoma Lending Group
In this Group: Esau, Moses, Amis, Emmanuel, Sirajje, James, Isa, Karim, Ben, Vincent, Alex, Richard, Hassan, Abdulah
Esau W. is the treasurer of Bwavumpologoma Lending group in Kayunga. He is a teacher by profession teaching in Busaana Primary School, a privately owned school, where he gets a monthly pay. He is also a farmer with maize and bean plantations, as well as having a retail shop where he sells clothes of all kinds, shoes, luggage and handbags, bells and many other accessories. He is 40 years old and married with four children, the eldest being 13 years while the youngest is three. In all his businesses, he works with his wife.


Esau is our good client and he would like a loan to be able to add manpower to his plantain farm and partly to buy luggage bags for his shop. He will share this loan with the other members of his group.

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
  • 319
    View loans »
    Uganda Loans Fundraising
  • $29,710,775
    Funds lent in using Kiva
  • 1,628.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Bwavumpologoma Lending Group's $5,000 loan helped a member to employ more farm labor and to buy bags for a retail shop.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 31, 2008
Listed
Aug 10, 2008
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2009