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Frank Yamundu Group
In this Group: Kevina, Beatrace, Kate, Roset, Josephine, Sadress, Juliet, Leonida, Edwiza, Teopista
Kevina is a 42-year-old married woman with six children living in Kasese, Uganda. She has been in the agriculture sector for three years, and she is involved in a number of projects such as a piggery, poultry, and crop farming. She also sells cassava flour to earn extra income.

Like all good mothers, she dreams of educating her children up to the University level. Unpredictable weather changes and the high cost of feed pose challenges to her business growth.

While her dream is to become a model farmer, Kevina intends to use the loan to buy cassava flour to sell. She is a member of the above mentioned group, where each one guarantees the other in accessing 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.

Important Information

This loan provides farmers and low-income entrepreneurs from underserved rural areas with access to financial services. By supporting this loan, you allow more farmers and rural entrepreneurs to access capital.

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.

About Uganda

  • $1,800
    Average annual income
  • 116
    View loans »
    Uganda Loans Fundraising
  • $33,852,025
    Funds lent in using Kiva
  • 2,525.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Frank Yamundu Group's $850 loan helped a member to buy cassava flour to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Mar 15, 2013
Apr 17, 2013
Currency Exchange Loss:
Aug 20, 2013