Check out some available loans that are similar to this one!
Rwere Tukore Group
In this Group: Lydia*, Editor, Grace, Jenipher, Naume, Edith
* not pictured
Naume is a member of Rwere Tukore Group and a resident of Nyakiju Bugyera, Buyanja – Rukungiri District. She is engaged in goat trade as the main source of income for her and her family. She also has some cows, which supplement the goat income. She is a married woman who is 50 years old and has nine children. Naume would like this loan to buy more goats. She has plans to grow her farm and become a model farmer in her village.

She is grateful to UGAFODE Microfinance Limited (MDI) and the Kiva program for the services rendered. The whole group of 6 clients is taking a total loan of UGX 2,300,000.

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

  • $1,500
    Average annual income
  • 250
    View loans »
    Uganda Loans Fundraising
  • $28,966,450
    Funds lent in using Kiva
  • 2,537.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Rwere Tukore Group's $925 loan helped a member to buy more goats.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2013
Listed
Nov 27, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014