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St.adolf Bakyara Twezimbe Group
In this Group: Felesta, Annet, Josephat, Pauline, Teopista, Damiano, Topista, Joseline, Juliet*, Hassan*
* not pictured
Josephat whose hand is raised is a 46 year old man married with five children living in Kyenjojo,Uganda and a member of St.Adolf Bakyara . He has been in a local brew (Waragi) distillation business for 5 years now.He obtains additional income from a retail shop dealing in general household items. He started his business with hopes of getting more income for educating his children and building a permanent home. He is faced with lack of capital and banana bacterial wilt that affects bananas, which is the major input product for the local brew.

He is requesting for a loan to buy more local brew to sell and pay workers.

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.

Tags

About Uganda

  • $1,500
    Average annual income
  • 378
    View loans »
    Uganda Loans Fundraising
  • $30,354,325
    Funds lent in using Kiva
  • 2,513.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of St.adolf Bakyara Twezimbe Group's $2,100 loan helped a member to buy more local brew to sell and pay workers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2014
Listed
Mar 3, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014