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Kiganda Central Kiza Jolly Group
In this Group: Jolly, Harriet, Margaret, Janate, Mary
K. Jolly is a 43-year-old single mother of six children. Three of her children are schooling and she has two other dependents who are also in school. She has been operating her business of selling bananas for more than 10 years. She is using the loan to purchase bananas on a wholesale basis to add stock to her business. She loads a full truck and sells in the market. She is a hardworking woman whose dream is to build a permanent house.

Additional Information

About BRAC Uganda

This loan is administered by BRAC Uganda, a registered non-governmental organization (NGO) in Uganda that is also a part of the BRAC international network. BRAC Uganda attempts to address poverty through a holistic model, offering programs in education, health, water & sanitation, agriculture, and microfinance. BRAC Uganda’s microfinance program aims to provide the poor with easy, reliable, and efficient access to institutional financial services, and reaches over 150,000 families in Uganda. For more on BRAC Uganda, please see our partner page, and join our lending team, Friends of BRAC Uganda.

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
  • 313
    View loans »
    Uganda Loans Fundraising
  • $30,647,875
    Funds lent in using Kiva
  • 2,245.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kiganda Central Kiza Jolly Group's $550 loan helped a member to purchase bananas in wholesale.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 19, 2009
Listed
May 26, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010