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Abagamba Kamwe Grp Group
In this Group: Vincent, Katushabe, Luka, Leontino, Mark, Johnson, Christopher, Margret, Grace, Grace, Margret, Yowakimu, Luke, Rosemary, David, Tumusiime
Abagamba Kamwe literally translated as "people of one voice" group is located in rural Kagadi and serves small entrepreneurs who do not have enough collateral to stand individually, yet they need a boost in their micro-businesses.

Grace is married with seven children and of them, four are school-going.She is a peasant farmer involved in the growing of groundnuts, maize and beans for both home consumption and commercial purposes so that she can generate some income for the family.

She wants a loan of 200,000 (two hundred thousand) shillings through the group to buy seeds for planting and pay some of the workers who help her in the farming. Her major challenges include the changing weather patterns, limited market for agricultural produce, and price fluctuation for the products.

Her dream is to expand the farming projects as well as educate all her children to higher levels.

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

  • $1,500
    Average annual income
  • 310
    View loans »
    Uganda Loans Fundraising
  • $29,747,050
    Funds lent in using Kiva
  • 2,636.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Abagamba Kamwe Grp Group's $3,400 loan helped a member to buy seeds and also hire labour.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2013
Listed
Apr 2, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014