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Nabweru Development Group
In this Group: Lillian, Elizabeth, Martin, Patrick, Hadijja, Zalia, Irene, Haruna, Shadia, Charles, Aisha, Betty, Gerald

Update on Nabweru Development Group

Patrick, a member of Nabweru Group, appreciates lenders for the great support rendered to him since his first cycles. He was able to create jobs for two people through the expansion of the project and he was also able to make more income.

However, Patrick wants another loan to further boost his brick-laying business, so as to be able to increase his income base and to continue paying tuition for his dependents, until they finish their studies. He is also grateful to the institution for the job well done.

Previous Loan Details

Patrick is 28 years old. He is a member of Nabweru Nansana Development group. He is single, however he has a lot of responsibilities taking care of his siblings and the children of his late brother, who passed away three years ago. At the tender age of 16, Patrick started his business of brick... More from Nabweru Development Group's previous loan »

Additional Information

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 305
    View loans »
    Uganda Loans Fundraising
  • $29,633,250
    Funds lent in using Kiva
  • 2,465.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Nabweru Development Group's $4,600 loan helped a member to supply his brick-laying business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2014
Listed
Feb 12, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 20, 2014
This photo was used before for a previous loan for Nabweru Development Group. It was first posted on Kiva on Aug, 2013. Learn More