Kikooza A(ii) Group

The group leader of this small group is Annet Namuddu. She is currently in the business of fresh foods and is requesting a loan of UGX 500000 to purchase more foods for sale. Annet is 40 years old and is single. She has 6 children ranging from age 10 to 22 and her children go to school. Each week, Annet makes approximately UGX 50000 in profits and with the extra profits from her loan, she hopes to be able to buy a new house. Annet is joined in her small group by Prossy Kakera, Christine Tamale, Betty Nabagereka, and Margret Nakkazi.

Prossy Kakera is currently in the restaurant business and is requesting a loan of UGX 1000000 to buy more kitchen utensils. Christine Tamale is currently in the beauty salon business and is requesting a loan of UGX 300000 to buy a hair steamer. Betty Nabagereka is currently in the business of selling matooke and is requesting a loan of UGX 1000000 to increase her stock. Margret Nakkazi is currently in the business of stone quarrying and is requesting a loan of UGX 300000 to buy more land for quarrying stones.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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