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Kacerere Women's, Ntungamo Group
In this Group: Jacklyn, Catherine, Jane, Baram, Mabel, Juliet, Kezekia, Benson, Andrew, Donah, Enos, Monic*, Frank, Penninah*, Herbert, Charles, Baram, Disismus, John, Amos, Black
* not pictured
If one subsists on agriculture like one determined T. Jacklyn has found out, you need enormous reserves of patience to succeed. That particular attribute has worked in her favor. She speaks with pride of how their 2 children can all attain education. Her proficiency in attending to the banana plantation for the last 25 years in Ntungamo, alongside the produce business of selling beans, ground nuts and more food stuffs, has brought her the fruits of economic development.

In a month, she makes profits in the amount of 60,000 Ugandan shillings. The only major drawn back problem that has plagued her business, has been the persistent low banana market prices in villages and that she has no ready means of transporting her produce to bigger markets. It is her reckoning that this loan will come in handy in helping her enhance her banana plantations on a large scale through mulching and the buying of fertilizer.

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
  • 238
    View loans »
    Uganda Loans Fundraising
  • $31,036,700
    Funds lent in using Kiva
  • 2,205.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kacerere Women's, Ntungamo Group's $4,450 loan helped a member towards buying mulch for the banana plantation.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2010
Listed
Aug 13, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010