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Mbogo Bakyara Tweyombekye, Ibanda Group
In this Group: Alfred, Robert, Diana, Jane, Jovia, Flora, Denis, Vito, Bonny, Paul, Amos, John, Lillian, Florence, Sarah, Jovan*, Godfrey*, Agnes*, Ibby, Joy, Robinah
* not pictured
R. Alfred is the leader of his lending group in Ibanda. He is 71 years old and married with 8 children while taking care of 4 dependents. Alfred is a farmer from Kigusha cell with farming experience of 29 years and at the moment, he is able to make 200,000/= as profit every month.



Alfred is a loyal person especially to his customers and in future, he would like to have a larger farm as well as educating his children to the highest level, God willing. Alfred needs a loan of 1 million shillings to be able to modernize his farm by buying farm inputs for improved output. Alfred is a determined and hard-working man.

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
  • 224
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 1,885.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mbogo Bakyara Tweyombekye, Ibanda Group's $4,950 loan helped a member modernising his farm by buying farm inputs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2009
Listed
Dec 13, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2010