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Tumwebaze B Mbasagi Jane Group
In this Group: Jane, Scovia, Jane, Damali, Aida, Alice, Suzan, Sarah
M. Jane operates a grocery store selling sweet bananas, tomatoes, cabbages, etc. She is 45 years of age, blessed with eight children, of whom four are going to school. She is also taking care of one sibling. She has been in business for over two years. She is using this loan to purchase grocery items to add stock to her business. She is a hardworking business woman whose dream is to educate her children.
M. Jane is the group leader of Tumwebaze B.

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

  • $1,500
    Average annual income
  • 267
    View loans »
    Uganda Loans Fundraising
  • $29,188,300
    Funds lent in using Kiva
  • 2,065.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Tumwebaze B Mbasagi Jane Group's $825 loan helped a member to purchase grocery items for stock.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2009
Listed
Aug 7, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 18, 2010