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Mugoma Feed The Family Group A In Kyenjojo
In this Group: Yosam, Milton, Aidah, Lightson, Magret, Amina, Faith, Kawidi, Justine, Charles, Estakiyo, Topista
K. Yosam is the leader of the Mugoma feed the family group A in Kyenjojo. He is 60 years old and married with 6 children, 4 of whom are still in school. Yosam is a farmer who grows and sells produce such as maize and beans. He operates from Mugoma and works with his wife and eldest two children. He has grocery stores in Kyenjojo and is able to make a weekly profit of 70,000 UGX.

Yosam grew up in a farming household and his first business was growing fresh foods and vegetables 20 years ago, and he still grows them to get more income. His dream is to be able to put up a big store in Kyenjojo with the help of loans. He is happy that the same loans have enabled him to buy more land for agriculture. Yosam needs this loan to buy stock produce.

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
  • 291
    View loans »
    Uganda Loans Fundraising
  • $31,075,950
    Funds lent in using Kiva
  • 2,403.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mugoma Feed The Family Group A In Kyenjojo's $2,525 loan helped a member to buy more stock produce such as maize and beans.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2011
Listed
Mar 29, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 4, 2012