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Peninah
Operating a farm has been a tremendous business venture for K. Peninah from Kafunga, Ibanda.

Having had a big family of six children and one dependent with a careless husband who does no productive work, Peninah worked tooth and nail to start up the sale of bananas which are commonly used to prepare a local dish by customers here in Uganda. She is so fond of her business and she is able to earn 1,500,000 Ugandan shillings as profits monthly.

This loan is to help Peninah do the mulching, buy stake poles for her plantation and pesticides. Further more, the expansion of her banana plantation project into a large-scale operation is her main motive for this loan. This will help her improve her production and sales revenue to enable her take care of her family.

About Uganda

  • $1,800
    Average annual income
  • 272
    View loans »
    Uganda Loans Fundraising
  • $31,081,300
    Funds lent in using Kiva
  • 2,257.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Peninah to expand her plantation project and buy mulches, stake poles and pesticides for increased production.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2010
Listed
Jun 25, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011