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Katagata Farmers Group-Bushenyi
In this Group: Eldard, Gaudi, Francis, Joy, Augustine, Geofrey, John, Hope, Molly
54-year-old Eldard K. is affiliated with Katagata Farmers group-Bushenyi. This happily married father of 7 has been engaged in a cattle sales business in Katagata for the past 9 years. Eldard also has a side banana sales business. He says it has been through the savings from his banana trade that he was able to take root in this cattle business. Eldard says that his determination and tenacity have gotten him this far. Weekly, the cattle business generates for him 100,000 shillings. He says with this loan, he is going to purchase a young calf.

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
  • 292
    View loans »
    Uganda Loans Fundraising
  • $31,055,375
    Funds lent in using Kiva
  • 2,315.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Katagata Farmers Group-Bushenyi's $800 loan helped a member to purchase a calf.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2011
Listed
Feb 8, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011