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Uche
Uche is 45 years old and a mother of six children. Her and her husband operates a local palm oil mill in Amichi Village. For 4 years now her husband has been ill and can no longer support the mill operation. This mill has been a source of support for her and her family and other members of the village who are mostly farmers. The mill is setup with locally made processing equipment which takes manual workers at her mill hours to produce 100 liters of palm oil. To reduce her frustration and that of other members of the community who use this mill and also to make life easier for manual workers who make their daily living in this mill, Uche is requesting this loan from Nke-Anyi Farmers Multipurpose Cooperative Society to enable her purchase additional presser, pounding machine and a nutcracker diesel powered engine.

In the future she will also want to change her mill house roof as most part of the roof is worn out and rain is causing damages to by products stored at the mill.

If this loan is funded, Uche hopes that she will be able to serve farmers in the village which their livelihood depend on farming and palm oil processing better and she will also earn more income to support her family especially her children school fees and other necessities.

She appreciates all who supports her to come out of this difficult situation.

Additional Information

About Nke-Anyi FMCS

Nke-Anyi was established to empower rural palm oil millers working in the southeastern Nigerian states. The organization works as a cooperative, in which members save a certain amount per month, generate a return each year and redistribute the loans to co-op members.

The organization works with clients to provide access to financial services, training, access to markets and SMS-based information around palm oil prices.

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About Nigeria

  • $1,188
    Average annual income
  • 52
    View loans »
    Nigeria Loans Fundraising
  • $5,949,725
    Funds lent in using Kiva
  • 164.6
    Nigeria Nairas (NGN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,450 helped Uche to help Uche purchase a modern palm oil processing digester with spindle press and Nutcracker for her palm oil mill.
90% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Disbursed:
Jun 24, 2014
Listed
Apr 4, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015