A loan of $1,975 helped a member to pay workers to cultivate his land and to buy seeds for planting.

Nyaibanda Savings & Credit Group's story

Peter is a 47-year-old, married man who has five children, living in Kyenjojo, Uganda. His main business is farming, which he does for eight hours per day, six days a week. He has been farming for five years. Peter also buys and sells goats and cows, as an additional source of income. Like most farmers, he has challenges that affect the outcome of his efforts -- for example, price fluctuations and unpredictable weather. His personal goal is to educate his children up to the university, while his business dream is to buy land and farm extensively.

Peter intends to use the loan facility to pay workers who are cultivating his land, and to buy seeds for planting. He is a member of the above-mentioned group, where each member guarantees the other in accessing a loan.

In this group: Peter, Leonard, Willam, Henry, Kajara, Selevano, Christopher, Hassan, Peter, Joseph, Lawrence, Blemu, Andrew, Shaban, Jane

Loan details

Lenders and lending teams

Loan details