Total loan: $1,250

Kinyante 1 Cocoa Farmers Group

Bundibugyo, Western Region, Uganda / Food

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A loan helped to buy cocoa for resale.

Kinyante 1 Cocoa Farmers Group's story

Jane, who does cocoa farming and trading, is in need of a Kiva loan to buy more cocoa for selling. This is a major economic activity that has seen many families in this area develop themselves.

She has managed to care for her seven children with proceeds from this business, plus supporting the husband to pay school fees.

Her problem is price fluctuation of the cocoa affecting her profit margin. She looks forward to expanding her business into new market areas.

She is a member of Kinyante 1 Cocoa Farmers Group, where members guarantee each other to get group loans.