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Mirembe Tukundane Group
In this Group: Agnes, Jackson, Lillian, Jonani, Emmanuel, Mebura, Geresome, Alex, William, Bonifance, Ruth, Wilson, Ronald, Stephen, Alforce
Jackson is a 45-year-old married man living in Kamwenge, Uganda. He is a farmer whose main challenge is unpredictable weather changes (especially during the dry season) and lack of enough capital to invest in his farming activities. However his dream is to educate his children to a higher level of education and venture into modern farming methods. He is a member of the above-mentioned group. Each member guarantees the others in accessing a loan. Jackson is requesting a loan to buy farm inputs such as seedlings and fertilizers.

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

  • $1,500
    Average annual income
  • 241
    View loans »
    Uganda Loans Fundraising
  • $30,255,500
    Funds lent in using Kiva
  • 2,575.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mirembe Tukundane Group's $800 loan helped a member to buy farm inputs such as seedlings and fertilizers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 6, 2013
Listed
Sep 1, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014