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Edward's Group
In this Group: Edward, Robert
W. Edward is a member of Kigalama group in Mityana. He is a hard working and devoted man with a bar as his business. He sells all sorts of beers and spirits including local brew for his customers in Kigalama T.C. He has been in this business for 8 years and is grateful that he is and has always been able to operate his bar with the help of loans. In addition, he is also a farmer with gardens that he usually manages in the morning hours while the bar mainly booms in the evenings and afternoons. He has been able to buy himself a plot of land out of his accumulated savings and this time round, he seeks a loan to help with buying beers, sodas, wines and local brew for his bar.

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
  • 93
    View loans »
    Uganda Loans Fundraising
  • $28,249,475
    Funds lent in using Kiva
  • 1,956.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Edward's Group's $775 loan helped a member buying more beers, sodas, wines and local brew for his bar.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2009
Listed
Feb 15, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009