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Rugando Farmers & Traders B, Kihihi Group
In this Group: Jovlet, Moses, Ireen, Erasto, Ireen, Adrine, Emmanuel, Annet, Hope, Norah, Emmanuel, Grace, Mackline, Eliphaz, Charles, James, Edward, Zeldah, Abel, Erinah*, Medard
* not pictured
As they say, determination is a key to success. T. Jovlet, a happily married mother of 5 children, ventured into tea growing in Nyamirambi, Kihihi, over 10 years ago. This was after realizing the readily available market in the area for a tea factory, that she developed an interest in growing and selling tea leaves alongside her banana plantation business. This enterprise has seen her earn 200,000 Ugandan shillings on a monthly basis, which has greatly had an impact on her standard of living.

Her main drawback is the land being infertile with low yields, therefore, with this loan she will buy fertilizer and manure and further expand the tea plantation through buying more seedlings and doing it on a large scale. This will improve her yields, sales, and enable Jovlet to take care of her 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

  • $1,800
    Average annual income
  • 308
    View loans »
    Uganda Loans Fundraising
  • $30,718,125
    Funds lent in using Kiva
  • 2,205.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Rugando Farmers & Traders B, Kihihi Group's $1,925 loan helped a member to buy fertilizer and seedlings for the tea plantation.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2010
Listed
Aug 5, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010