Check out some available loans that are similar to this one!
Kamugenyi Tweyambe Group
In this Group: Selevano, Wilbroad, Lawrence, Alozious , Enock, Ednar
Lawrence is a 42-year-old married man with four children who lives in Kyenjojo, Uganda. He works six days a week on his farm and grows tea, maize and beans. He has been farming for 14 years. He also earns a side income from his retail shop, which he started in order to meet his daily expenses since farming is seasonal.

His major challenge is a lack of modern farming equipment to farm extensively. His dreams are to buy a tractor and use modern farming methods.

Lawrence is requesting a loan to buy fertilizers, seeds and pesticides and to pay workers. He is a member of the above-mentioned group where each member guarantees the others in accessing a loan.

Additional Information

More information about this loan

This loan is part of HOFOKAM's program targeting poor and geographically excluded populations in Western Uganda. In addition to loans, it provides social and business training programs to low-income entrepreneurs and their communities. Since 2003, HOFOKAM has provided sustainable financial and non-financial services to promote social, economic and sustainable land development and improve the quality of life for vulnerable populations. The organization has a clear vested interest in underserved communities with its headquarters in rural Fort Portal and a number of branches in extremely remote areas.
 

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
  • 267
    View loans »
    Uganda Loans Fundraising
  • $29,188,300
    Funds lent in using Kiva
  • 2,584.8
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kamugenyi Tweyambe Group's $1,775 loan helped a member to buy agricultural inputs such as fertilizers, seeds and pesticides and to pay workers.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 12, 2012
Listed
Nov 9, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2013