Since 2010 Florence has earned her income through sales of pigs for meat and eggs from her chicken. She faces a challenge of slow growth of her pigs. She believes that this is because she rears local poor breeds.
Florence attained training in farming-as-a-business and acquired new skills to improve her piggery and poultry projects.
She is requesting a loan to buy an exotic male piglet. This way she will get quality piglets and convert her business to rearing exotic pigs. She will also use a portion of the loan to buy high-quality feed for her pigs and chicken.
She has a dream of educating her children to university and supporting her husband to start a retail shop.
About Youth Initiative for Community EmpowernmentYouth Initiative for Community Empowerment is a registered women and youth empowerment initiative in Central Uganda. Aiming to empower vulnerable women and young people both economically and socially, it provides training in agricultural business development and health topics. Kiva lenders’ funds are used to support training programs for vulnerable women, including single mothers and out-of-school girls, and to help them start their own farming businesses.
Youth Initiative for Community Empowerment (YICE) joined Kiva through our Experimental Partnership Program, and has therefore received a lighter level of due diligence. Accordingly, loans associated with this partner carry a higher level of risk than typical Kiva loans.
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.
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Success!! The loan was 100% repaid