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Erick's Group
In this Group: Erick, Muhammed, Kasimu, Betty, James, Tadeo, Yasin, Godfrey, Rehema, Richard, Harriet, Fortunate
K. Erick is the leader of his group in Mityana. He is a very hardworking man and married with eight children. He also cares for three other dependants. Erick sells the produce that he grows, specifically matooke, maize, beans, cassava and sweet potatoes. He sells his products as both a wholesaler and retailer. He also buys from other farmers to increase the quantity that he can sell; he figures that the more he has, the more he will sell.

On his plantations, he works hand-in-hand with his wife and his employees. They work together to produce high quality food products quickly. Erick would like to get another loan to help with his labor on the farm and buy more produce from other farmers.

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
  • 239
    View loans »
    Uganda Loans Fundraising
  • $31,036,700
    Funds lent in using Kiva
  • 1,950.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Erick's Group's $4,775 loan helped a member labor (manpower) on his farm and buy more produce from other farmers to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2008
Listed
Jan 16, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2009