Check out some available loans that are similar to this one!
Ishongororo Twekundire Group, Ibanda
In this Group: Loy, Jane, Moses, Hakim, Wilson, Rhoda
B. Loy is the leader of her lending group in Ibanda. She is 50 years old and a very hard working, determined, and happy lady with a farming business in Ishongororo from where she is able to make 80,000 Ugandan shillings (about $27 US) as profits a month. She ensures that she has quality products and she hopes to have a modern farm in the future since she also has a kraal (corral) of cows and goats at her homestead.

Loy is married with six children, all of whom dropped out of secondary school, and she takes care of four dependants, including paying their school fees. She hopes to have her dependants attain the best education--more than what her own children have. She needs a loan to help expand her business by buying more farm inputs for better production.

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
  • 338
    View loans »
    Uganda Loans Fundraising
  • $29,751,150
    Funds lent in using Kiva
  • 1,885.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Ishongororo Twekundire Group, Ibanda's $1,650 loan helped a member farm supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2009
Listed
Dec 13, 2009
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2010