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Ibanda United Women Group
In this Group: Stella, Margret, Lillian, Annet, Harriet, Mary, Jenniffer, Bentica, Constance, Annet
Margret is a member of Ibanda United group found in Ibanda town council. She is married with five current dependants, who she says are not her biological children, but she took over their guardianship after some of them lost their parents, while others are her grandchildren.

Margret among the group members has stood out as the most hardworking with good leadership and entrepreneurial skills, which she attributed to the cooperation and confidence which others gave her. She is now commonly referred to as their patron.

She is deeply involved in banana farming as her main source of income, which she supplements with proceeds from her grocery. Magret says her early marriage at the age of 18 taught her to work hard as both she and her husband were young and had no formal employment. Her husband had land that he inherited from his late father, their only asset at the time.

Margret says that her first years of marriage were not easy as the couple used to work on their plantation from morning to evening, then later in the night, they would go and attend their grocery so as get daily income. After realizing that other women's groups in different areas were receiving financial assistance, she decided to start one, which up to now has acted as a steady source of funding not only to her businesses, but to several other members. She says she has managed to educate her children up to university level, built a home and expanded her banana plantation. Her main challenge now is that she wants money to pay laborers on their farms since they can no longer do it themselves, given their advanced age.

Additional Information

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.

About Uganda

  • $1,800
    Average annual income
  • 289
    View loans »
    Uganda Loans Fundraising
  • $30,725,575
    Funds lent in using Kiva
  • 2,612.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Ibanda United Women Group's $1,300 loan helped a member to hire laborers for the farm.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 17, 2013
May 26, 2013
Currency Exchange Loss:
Mar 17, 2014