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Rwentobo Tutungukye Group
In this Group: Esther, Evarist, Abigil, Magret, Evas, Julius, Immaculate, Annet
Abigil, aged 39, is a resident of Rugando, a village in the Mbarara district. She dropped out of school after senior four and got married at the age of 16 years, because her parents could not manage school fees any more. She started banana farming with her husband for survival and also to care for their children. This business grew and helped them to sustain their family and support education for her young sisters. She later obtained a loan of ugx.1,000,000 Ugandan shillings (UGX) from UGAFODE which has helped them to increase her production and modernize her plantation. This motivated them to mobilize their fellow farmers to form a development group called Rwentobo Tutungukye. This group has also succeeded in other development projects, and they are requesting a loan of ugx.9,100,000 to help them increase their working capital for their different businesses. Abigil will use hers to buy organic fertilizers for her banana plantation.

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
  • 107
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,594.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Rwentobo Tutungukye Group's $3,325 loan helped a member to buy organic manure for a banana plantation.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2013
Listed
Jul 24, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014