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Bulubandi 1 West Mukaya Olivia Group
In this Group: Olivia, Amulasi, Sarah, Sarah, Farida
M. Olivia is twenty-eight years old and married with four children, three of whom are going to school. She is also looking after two dependents.

Olivia has owned a retail shop since 2005. She is requesting the loan to purchase retail items; that is, adding stock to her business such as flour, rice, salt, sweets (candies), biscuits (cookies), soap, juice, air-time, etc.

Olivia is planning to work hard so that she improves her retail shop. Her future hope is to educate her children and obtain another business which will help her generate extra daily income to cater for her family.

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
  • 159
    View loans »
    Uganda Loans Fundraising
  • $28,340,250
    Funds lent in using Kiva
  • 2,088.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Bulubandi 1 West Mukaya Olivia Group's $1,825 loan helped a member to purchase items for her shop.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2009
Listed
Aug 13, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 18, 2010