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Katojo Abamwe Group, Ibanda
In this Group: Teddy, Norah, Esau, Saban, Innocent, Alex, Wilber, Richard, Angella, Quaraish, Milton, Yorokamu, Provia, Geresome, Justine, Fred, Livingstone
M. Teddy is the leader of her lending group in Ibanda. She is a hardworking businesswoman who has been selling matooke (a green plantain dish) from Katojo Cell for seven years. Teddy is married with seven children, all of whom are at university or secondary school. Her business profits of 170,000 UGX a month enable her to pay their school fees.

Teddy ensures that she has good produce for sale, and this allows her to maximize her products depending on her stock and capital. She would like to make more profit as well as have a happy and healthy family. Teddy is requesting a loan to improve her banana plantation by buying manure and fertilizers for better output. She is grateful for her previous loans because they have helped her business and her family's welfare very much.

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
  • 148
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 1,910.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Katojo Abamwe Group, Ibanda's $3,700 loan helped a member to buy manure and fertilizers for her banana plantation.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2009
Listed
Jan 7, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2010