Check out other loans that are currently fundraising!
Nakalasa Group, Lugazi
In this Group: Josephine, Suzan, Joseph, Yekosophati, Steven, Topista, Matiya, Charles, Irene, Ruth
N. Josephine is the leader of her lending group in Lugazi. She is a divorced lady with seven children aged 25 – 9 years. She also takes care of one dependent.

Josephine is a farmer from Nakalasa and although her business is so much affected by fluctuating prices, she is able to make 40,000/= as profits. She is able to plan her seasons well and her target is to have two acres of maize per season.

Josephine also hopes to buy a plot of land so that she can enlarge her farming business. She needs a loan to help increase production by buying more seeds, pesticides and so on.

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
  • 292
    View loans »
    Uganda Loans Fundraising
  • $30,664,350
    Funds lent in using Kiva
  • 1,865.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Nakalasa Group, Lugazi's $2,850 loan helped a member to purchase seeds, pesticides, etc., for increased production.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2009
Listed
Dec 5, 2009
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2010