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Edirisa's Group
In this Group: Edirisa, Patrick, Catherine, Ben, Bowazi, Efrance, Christopher, Annet, Kamada, Sima, Florence, Zaituni, Denis
B. Edirisa is a member of Victoria women’s group in Lugazi. He is a married man with a hardworking wife and 5 children, all of which are in school. Edirisa runs a retail shop from which he sells sugar, salt, soap, cooking oil, eggs and much more. The secret behind his success is making sure that his shop is well stocked into a one stop shop. He is proud that he is no longer renting and has attained more household items and a plot of land that he will use to build commercial houses. He needs another loan to help with restocking his shop to bring in more income.

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
  • 100
    View loans »
    Uganda Loans Fundraising
  • $28,253,000
    Funds lent in using Kiva
  • 1,950.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Edirisa's Group's $5,000 loan helped a member more sugar, salt, soap, cooking oil, eggs and so much more for shop expansion.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2008
Listed
Jan 16, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2009