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Ahamada's Group
In this Group: Ahamada, Rhoda, Topista, Madina, Aidah, Wilberforce, Sylivia, Tonny, Yasini, George, Maurice, Godfrey, Jane
Ahamada H. is a member of Akuwa Ekibono group in Jinja. He is a married man with 6 children and he cares for 4 other relatives. Ahamada has been managing his retail shop for 9 years, a shop he created from the profits got from his farming business, and this is now mainly managed by his wife. Apart from building a house for his family, he has also bought another plot of land with the hope of constructing residential houses that will cater for his children’s school fees up to University level. He needs a loan to help with employing labor on his farm to supplement the force employed by his wife, and to buy seedlings. The balance will help to restock his retail shop with more products.

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
  • 142
    View loans »
    Uganda Loans Fundraising
  • $28,666,600
    Funds lent in using Kiva
  • 1,991.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Ahamada's Group's $4,925 loan helped a member restock his shop, buy seedlings and hire labor for his farm.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2009
Listed
Feb 22, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009