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Yesu Yakola Group
In this Group: Gad, Janet , Cate, Richard, Janat, Falida
This group is located in Kyotera town, Rakai district. Members in the group do different activities.

Janat is a single mother of four children aged 17, 15, 13 and 7 years, of whom only two go school. She is a 'matooke' (green banana) seller, a business which she started in 2012.

She does this activity along a busy road and her clients come from Kyotera town and those traveling out of the town. She started the business so as to boost her income base. The challenge with her business is transport especially during the rainy season where the roads are slippery and impassable.
Janat wants to buy herself a plot of land and build a residential house.

Additional Information

More information about this loan

This loan is part of UGAFODE”s Micro Mortgage Loan program.  Many of these clients are currently renting and these loans allow them to own their home and provide for their families. This may be their first home, or renovation to homes not fit for habitation.  By building and renovating, borrowers who utilize these loans have improved health and safety through a stronger structure and better protection from the elements.  UGAFODE offers these loans to cover essential costs like labour and material so borrowers can provide adequate shelter and sanitation facilities for their families.

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
  • 231
    View loans »
    Uganda Loans Fundraising
  • $31,010,850
    Funds lent in using Kiva
  • 2,530.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Yesu Yakola Group's $1,400 loan helped a member to buy a plot of land.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2013
Listed
Nov 4, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014