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Rwabashenyi Fal Group- Ntungamo
In this Group: Peace, James, Joselyn, Johnson, Patrick, Narasisio, Olivius, Rose, Godfrey, Kedress, Edson, Dinavance, Emmanuel, John, Lydia, Norah
K. Peace is the leader of Rwabashenyi FAL group in Ntungamo. She is 61 years old and married with grown-up children although she helps take care of grandchildren.

She has an agriculture business where she grows matooke, beans, ground nuts and onions. She has been in business for at least 25 years, and she is able to make 80,000 as monthly profits. She grows her produce and sells to the market.

She is very hard working and determined and she aims at modernizing her farming practices.

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
  • 140
    View loans »
    Uganda Loans Fundraising
  • $28,295,800
    Funds lent in using Kiva
  • 2,305.0
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Rwabashenyi Fal Group- Ntungamo's $2,050 loan helped a member paying wages to her helpers at the farm.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2011
Listed
Feb 7, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2011