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Bundikahungu Kwehimukya Women Group
In this Group: Henry Firimon, Moses, Mandinah, Tom, Christine, Rose, Ibrahim, Safuluza, Anna, Rabeca, Godfrey, Harriet, Joyce

Update on Bundikahungu Kwehimukya Women Group

Thomas is a thirty-eight-year-old businessman living in Bundibugyo, Uganda. He has an additional income business from cocoa, in which he has been trading for ten years. He runs two businesses to get income for meeting his basic needs and educating his children to higher institutions. He hopes to expand his business to a busy marketing area and educate his children to university levels. He is affected by the seasonality factor in that when it's off season there is no money in circulation. Thomas needs the loan to buy sugar, soap, salt, rice and biscuits to sell.

Previous Loan Details

Henry, whose hand is raised in the group photo, is a twenty-nine year married farmer. He lives in Bundibugyo, Uganda. He has three children, and only two of them go to school. He buys cocoa from other farmers and buys cocoa gardens for sale. He has been in the system since 2005. He dreams of educ... More from Bundikahungu Kwehimukya Women Group's previous 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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 131
    View loans »
    Uganda Loans Fundraising
  • $33,852,025
    Funds lent in using Kiva
  • 2,534.9
    Uganda Shillings (UGX) = $1 USD
A portion of Bundikahungu Kwehimukya Women Group's $3,875 loan helped a member to buy sugar, soap, salt, rice and biscuits to sell.
Repayment Term
10 months (Additional Information)
Repayment Schedule
May 9, 2014
Jun 3, 2014
Currency Exchange Loss:
Jul 3, 2014