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Rwenyonyozi Tukore Group
In this Group: Carolina, Wellen, Christine, Gideon, Fred, Asaph, Kerret, Abel*, Nathan, Francis, Scovia, Jovlet, Asaph*
* not pictured
She is on the sunny side of 29, a stickler for diligence, highly spirited, focused and enterprising. These are all attributes which describe this happily married mother of four who goes by the name of Carolina. The business she bears a hand in is a lucrative business, but very highly competitive in nature. Food sales has been her business enterprise for the past decade. Carolina operates her business from the main food market in Ntungamo. The fact that she owns a farm has been a vantage point of sorts. She has been able to take in stride the high demands from her clients because she is able to harvest and sell what she grows. This coupled with her other stocks in trade have enabled her to make significant headway throughout the years.

Carolina has mostly been selling bananas, beans, rice, cabbage, and ground nuts. She says her monthly sales revenue is 60,000 shillings and she says with this Kiva loan, she is going to purchase more beans, rice, ground nuts, and cabbage seeds to plant. She thinks this will increase her harvest after the crops mature. She also envisions better sales profits in the future with increased sales.

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
  • 150
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,390.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Rwenyonyozi Tukore Group's $2,425 loan helped a member to purchase more beans, rice, ground nuts and cabbage seeds to plant.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2011
Listed
Jun 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 27, 2012