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Rwebinyansi Kwetungura Newer Group
In this Group: Jovanis, Godfrey, Elidard, Milton, Godfrey, Francis, Yosamu, Jovia, Pidson
Eldard is a resident of Bukanga village in Isingiro district. He is 39 years old. He dropped out of school after primary seven because his parents could not afford to pay tuition for secondary education. He then resorted to supporting his parents in banana farming, which was his father’s main source of survival. At the age of 17, he got married and his father gave him a small piece of land, which he used to plant his own plantain and this enabled him and his family to survive. He later obtained a loan of UGX 1,000,000 from Ugafode, which he used to buy another piece of land to expand his plantation. This has helped him to prosper, which motivated him to mobilize men and women in his village to form a development group called Rwebinyasi Kwetungura Group. This group has helped them to succeed in farming and it is requesting a loan to help them buy manure for their plantations and caricides for their crops.

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
  • 233
    View loans »
    Uganda Loans Fundraising
  • $29,183,825
    Funds lent in using Kiva
  • 2,574.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Rwebinyansi Kwetungura Newer Group's $6,100 loan helped a member to buy organic manure.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2013
Listed
Apr 24, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014