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Kigarama Kwetungura, Kihihi Group
In this Group: Benon, Charles, Lamuel, Resta, Edson, Godius, Molly, Obed, Onesmas
As they say, determination is a key to success. B. Benon, a happily married father of six children, ventured into tea growing in Kigarama, Kihihi, twenty years ago. After realizing a readily available market in the area with a tea factory, he developed interest in growing and selling tea leaves alongside his farming business. This enterprise sees him earning about $41 a month which has had a great impact on his standard of living.

His main problem is that his land is infertile and produces low yields. With this loan he is looking at buying fertilizer and manure as well as further expanding his tea plantation by buying more seedlings and planting 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
  • 228
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,265.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kigarama Kwetungura, Kihihi Group's $975 loan helped a member to purchase tea seedlings and fertilizers for plantation expansion.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2010
Listed
Jul 16, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010