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Agaliawamu-Nsaamu Gropu Group
In this Group: Resty, Henry, Farida, Medi, Germinah, Dorothy, Susan
Henry, age 31, is a farmer. For additional income, he also trades in fish. His customers are members of his community. His primary business challenge is limited capital. In the picture, Henry is shown with his hand raised.

Henry and his wife have two small children and a baby.

Henry would like to expand his vegetable garden and increase its output by buying organic manure. He will make this investment with the loan he is acquiring from Ugafode Microfinance Limited.

Henry's dream is to build rentals and shops in the near future. He is hard-working and determined.

Additional Information

More information about this loan

This loan is part of UGAFODE's green loan program, giving Ugandan farmers the support they need to grow and process organic fruits and vegetables. Funds will be used to obtain critical resources like processing equipment, mulch and organic seedlings to reduce waste water contamination and improve consumer health. The green loan program also helps clients combat regional problems like deforestation and over-fishing.

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
  • 366
    View loans »
    Uganda Loans Fundraising
  • $29,766,150
    Funds lent in using Kiva
  • 2,672.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Agaliawamu-Nsaamu Gropu Group's $750 loan helped a member to buy organic manure.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2013
Listed
Feb 23, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013