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Rwensenene Kweterana Group
In this Group: Mable, Joseph, Catherine, Sunday , George , Rose, Stephen, Harriet, Rose, Regina, Annet
Mable is a hard-working woman, living in Fort Portal, Uganda. She is a farmer who grows crops, but also rears cattle for milk production. She faces a hardship of unpredictable weather changes while her dreams are to venture into modern farming and also to educate her children up to the University.

Mable intends to use the loan to buy seedlings and to pay workers who are helping her clear the garden. She is a member of the above-mentioned group in which each member guarantees the other in accessing a loan.

Additional Information

More information about this loan

This loan is part of HOFOKAM's program targeting poor and geographically excluded populations in Western Uganda. In addition to loans, it provides social and business training programs to low-income entrepreneurs and their communities. Since 2003, HOFOKAM has provided sustainable financial and non-financial services to promote social, economic and sustainable land development and improve the quality of life for vulnerable populations. The organization has a clear vested interest in underserved communities with its headquarters in rural Fort Portal and a number of branches in extremely remote areas.
 

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

  • $1,800
    Average annual income
  • 315
    View loans »
    Uganda Loans Fundraising
  • $30,718,125
    Funds lent in using Kiva
  • 2,600.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Rwensenene Kweterana Group's $1,475 loan helped a member to buy seedlings and to pay workers who are helping her clear the garden.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 18, 2013
Listed
Apr 29, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 23, 2013