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Nyabitanda Tukore Group, Kihihi
In this Group: Jackson, Richard, Lakeli, Evas, Peace, Zefa, Milton, Jovilo, Sam, Nathan, Apollo, Noah, Jeniffer, Jackson, Margret, George, Emmanuel, Smith, Gladys, Sarid, Alex, Godfrey, Manasi, Albiina, Gard
As they say, determination is a key to success, and R. Jackson, a happily married father of four children, ventured into a commercial tea-growing business in Kanyabuhoma, Kihihi, thirteen years ago with much vigor. This was after realizing that there is a readily available market in the area for tea leaves. Prior to that, he was into subsistence farming, mostly growing cassava.

This commercial tea growing business sees Jackson earning 60,000 Ugandan shillings on a weekly basis and this has had a great impact on his standard of living. His main disadvantage has been the low fertility of his gardens. He calculates that with his hard work nature, he would be making more money if it was not for the lack of fertilizers.

Therefore, with this loan, Jackson is looking at buying fertilizers and manure and further expanding his tea plantation through buying more seedlings and doing it on a large scale. This will improve his yields and his sales and enable him to take care of his family’s needs.

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
  • 157
    View loans »
    Uganda Loans Fundraising
  • $28,703,800
    Funds lent in using Kiva
  • 2,254.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Nyabitanda Tukore Group, Kihihi's $1,825 loan helped a member to purchase fertilizers, manure and seedlings.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2010
Listed
Jun 24, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010