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Kaburisoke Ii Tukore Farmers Group
In this Group: Erick, Absolom, Jackson, Bruhan, Catherine, Laban, James, Jacob, Benon, Cosmas, Charles, Jane, Jacenta, Mariko, Provia, Hope, Sam*, Jackson*, Miria*
* not pictured
Erick is a 34-year-old married man living in Kamwenge, Uganda. He owns a clinic, and its his main source of income. He also practices farming where he grows maize, beans, Irish potatoes, sugarcane, and bananas.

It is from this business that he has been able to sustain his family and educate his children. High license fees reduce his profit projections, while his dream is to own a big pharmacy in Kamwenge. He is a member of the above mentioned group where each member guarantees the other in accessing the loan.

Erick is requesting a loan to buy drugs to resell.

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

  • $1,800
    Average annual income
  • 233
    View loans »
    Uganda Loans Fundraising
  • $31,031,950
    Funds lent in using Kiva
  • 2,530.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kaburisoke Ii Tukore Farmers Group's $1,700 loan helped a member to buy drugs to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2013
Listed
Nov 23, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014