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Nkonya Nezikokolima Farmers Group
In this Group: Stephen, Cissy, Tadeo, Harriet, Grace, Mathias, Rustico, Emmanuel, Paul, Charles
M. Stephen is a 37-year-old gentleman who derives his livelihood from a fish sales business in Nkonya Landing in Mityana. This happily married father of 9 says he inherited this business from his father. Before that, he says farming was his major preoccupation. He still does farming and says he still harvests and sells most of the crops he grows. Weekly, he says this business generates for him 90,000 Ugandan shillings in profit. Stephen says he is asking for this loan to purchase fishing nets and manure for his farm gardens.

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
  • $31,089,375
    Funds lent in using Kiva
  • 2,370.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Nkonya Nezikokolima Farmers Group's $1,875 loan helped a member purchase fish nets and fertilizer.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2011
Listed
Apr 21, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 21, 2011