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Abeteraine Farmers Association Group
In this Group: Adolf, Wilberforce, Ibrahim, Amina, Rosemary, Augustine, Elibankya, Christopher, Johnson, Friday , Adrian, Bridget, Esau, Issiack, Marrion, John, Micheal, Amos, Kalega, Sefroza, Paul, Lydia, Anatoli, Alice, Isaya, David, Mary, Donozio, William, Abel, Yasin, Wilberforce, Monday, Ziriba, Edward, Noleda
Adolf is a 32-year-old Ugandan married male living in Kagadi, Uganda. He deals in produce, buying and selling mainly maize and cassava to enable him to look after his family and afford a fairly comfortable life. He also does farming to earn side income. He hopes to educate his four children though challenged by poor roads that make transportation of his merchandise to the main town difficult. He wants a loan to buy maize to sell.

Adolf is a member of a group that came together to be able to access loans for their household developments. In this group, each member guarantees the others to access a 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.

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About Uganda

  • $1,800
    Average annual income
  • 288
    View loans »
    Uganda Loans Fundraising
  • $31,055,375
    Funds lent in using Kiva
  • 2,466.1
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Abeteraine Farmers Association Group's $5,675 loan helped a member to buy maize to sell.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 12, 2014
Listed
Feb 18, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 20, 2014