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Deo's Group
In this Group: Deo, Deo, Anatoli, Fred, Ronald, Paul, Tadeo, Godfrey, Yekaada, Robert, Ponsiano, Alex
Deo K. is the leader of his lending group and he is now seeking his 21st loan. He is a committed married man with a retail shop in his home town that is doing well, thanks to the loans that have provided him with the necessary capital for his business.



In his shop, Deo mostly sells the basics such as sugar, salt, cooking oil, etc., and stocking his goods in large quantities has helped him with making enough profits and savings. Deo needs another loan to help with stocking his shop with beans, maize, books, pens, and pencils since this is the season for making the greatest sales.

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
  • 347
    View loans »
    Uganda Loans Fundraising
  • $30,336,175
    Funds lent in using Kiva
  • 1,956.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Deo's Group's $4,500 loan helped a member restock his retail shop with more products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2009
Listed
Feb 14, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009