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Maya Trust Group
In this Group: Cissy, Immaculate, Lydia, Proscovia, Rehema, Sarah, Justine, Maria
Immaculate is a 56-year-old woman, who works as a poultry farmer in Maya Trust Group's village. She started this business to raise money to pay for school fees for her children. She has 16 children, and 2 of them are still in school. Her main business challenges include competition from other farmers, and affording expensive chicken feed.

Immaculate would like to grow her business. She wants to generate more income to support her grandchildren, in particular to afford their school fees. She is a hard working woman, which is how she has been able to raise as many as 16 children. Through the loan group she has learnt about modern farming methods, as well as good sanitation and nutrition for her children.

Immaculate is grateful to Ugafode for partnering with her group to improve their livelihood.

Additional Information

More information about this loan

This loan is part of UGAFODE's program for clients who live in isolated rural areas with limited access to financial services. Uniquely, UGAFODE focuses its efforts on agricultural areas in Uganda that are over 50 km from their branches, providing loans to both groups and individual borrowers. The organization believes that the risk of offering services to remote clients is outweighed by the benefits to customers and their often underserved communities.

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
  • 289
    View loans »
    Uganda Loans Fundraising
  • $30,725,575
    Funds lent in using Kiva
  • 2,655.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Maya Trust Group's $1,175 loan helped a member to buy poultry feeds.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2012
Listed
Dec 21, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013