Nyabinome Tweheyo Group
Metusela is a father with a wife and five children and two additional dependents. Regardless of his disability, Metusela is a very economically active member of the community. Metusela is mainly a small-scale farmer who grows vegetables and supplies them in a local market. He supplements his vegetable business with a poultry farm, which he resorted to after losing his brother in 2010 so that he could look after both his and the brothers’ children and take them to school.
He will use the loan to buy more chickens, to buy a bicycle to help him to supply his vegetables to distant customers, and pay school fees. The main challenge is chicken diseases as well as wild animals that eat his chickens after he has invested in them, which affects his working capital. Sometimes he and the family members fall sick, which reduces labor to work on his businesses.
Despite all the challenges, Metusela is a very hardworking and determined man looking forward to changing the future of his children by giving them a good education.
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.
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