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Katerera Farmers Group, Bushenyi
In this Group: Vasta, Mary, Spiriano, Emmanuel, Erivanisi, Richard, Vincent, Moses, Yosam, Richard, Brazio*, Elmeria
* not pictured
Vasta M. is the leader of Katerera farmers group in Bushenyi. He is 45 years old and married with seven children. Five of them are still in school.

Vasta deals in the trading of produce like coffee, cotton, beans and maize from Nyamirima. He has done this work for over 12 years and he is able to generate 550,000 UGX monthly.

He is very hard working and knowledgeable and he is happy that he was trained by a friend and his parents.

He is a credit-worthy person and his dream is to educate his children and increase his loan amount to ensure sustainable growth. He needs a loan to be able to increase stock, especially coffee and cotton.

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
  • 312
    View loans »
    Uganda Loans Fundraising
  • $29,712,250
    Funds lent in using Kiva
  • 2,385.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Katerera Farmers Group, Bushenyi's $2,175 loan helped a member to increase stock, especially coffee and cotton.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2011
Listed
May 18, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 2, 2012