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Bivamuntuuyo Katakala Farmers Group-Mityana
In this Group: Samuel, Livingstone, Hasfa, Mary, Saphina, Jane, Juliet, Aidah, Edisa, Harriet, Jesca, Milly, Aloysious, Nabitto, Robina
K. Samuel is 70 years old and has banked on profits from his farming business in Katakala-Mityana for the last 50 years. Farming, as any Ugandan will tell you, has always been a dependable source of finance for most households. Samuel is a testimony to that. In a week, this hardworking old man makes profits that add up to 50,000 UGX. He is very involved in his business despite his age, and this is what he cites as one of the reasons behind his longevity. With this loan, Samuel wants to pay for the mulching of his gardens and he also wants to buy manure.

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

  • $1,800
    Average annual income
  • 279
    View loans »
    Uganda Loans Fundraising
  • $31,089,375
    Funds lent in using Kiva
  • 2,250.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Bivamuntuuyo Katakala Farmers Group-Mityana's $3,375 loan helped a member to mulch his gardens and to buy manure.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 30, 2010
Listed
Jul 21, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010