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Kihanga Women's Group
In this Group: Onesmus, Veririano, Asaph, Bosco, John, Peninah, Dabrensio, Fauster, Bosco, Bony
44 year old Onesmus has been transacting his banana sales trade in Ntungamo for 30 years now. The fact that this happily married father of 7 is a farmer has been a place of advantage. His advantage is that most of the bananas he sells, are from his own farming efforts. His business longevity has not come easily. Like any other business person, has had to weather many financial storms during some seasons.

Being the philosophical and hard working gentleman that he is, Onesmus has taken most of the challenges in his business in his stride. This, in a way, has been his magic formula for success. Weekly, he says his sales profits total 130,000 shillings. He says with this Kiva loan he is going to purchase high grade manure for his banana farms.

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
  • 212
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,390.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kihanga Women's Group's $3,000 loan helped a member to purchase high grade manure for his banana farms.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 3, 2011
Listed
Jun 9, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013