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Rukarara Farmers Group
In this Group: Flora, Harriet, Claudia, Adrine, Jackline, Generous, Canon, Valent, Gideon, Elisha, Medius, Hellen, Night, Molly, Medius, John, Godfrey, Christine, Denis
Flora, 38 years old, has been selling food for 3 years from one of Kihihi's biggest food markets in Western Uganda, a region predominantly known for its banana farming and cattle rearing. She knew she could not just succeed in her anticipated business without proper planning and substantial financial backup. The happy-go-lucky mother of 4 dreaded failing at the first hurdle so she strained every nerve to get her business off its feet. These few years have been years of nothing but diligence and perseverance in the face of hardship.

Flora knows she still has a lot of ground to make up and she is not about to let complacency creep in. She has a focused and strong-willed sense of purpose that bodes well for her business. The foods Flora sells - rice, maize and beans - sell handsomely in the food markets in most of western Uganda. She is able to earn 200,000 UGX as monthly gross sales profits. Flora is also a headmistress in one of the schools in her area. Flora intends to use this Kiva loan to purchase more highly favored foods such as rice, beans, maize, sorghum, millet, etc. to resell.

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
  • 297
    View loans »
    Uganda Loans Fundraising
  • $30,718,125
    Funds lent in using Kiva
  • 2,601.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Rukarara Farmers Group's $4,600 loan helped a member to purchase more highly favored foods such as rice, beans, maize, sorghum, millet, etc. to resell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2011
Listed
Jul 26, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013