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Butukuru Bakyara Tweyimukye Group
In this Group: Mary, Peluce , Resty , Gertrude , Margret , Lillian, Jovia, Lucy, Jarense , Annet , Beatrace , Dorothy, Justine , Harriet , Robinnah, Rose , Trace
Peluce is a hardworking lady living in Fort Portal, Uganda. She practices agriculture and with the profits from her business she has been able to buy fertilizers and more land for farming. She has a vision of expanding and diversifying her business to include dairy farming, although she is faced with the hardships of unpredictable weather changes and price fluctuations. Peluce will use the loan to buy maize seedlings for planting. She is a member of the above mentioned group where each one guarantees the other in accessing the 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
  • 264
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,585.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Butukuru Bakyara Tweyimukye Group's $1,925 loan helped a member to buy maize seedlings for planting.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 12, 2013
Listed
Jun 25, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014