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Patwe Central Atimango Florence Group
In this Group: Florence, Beatrice, Jacklyn, Eva , Grace, Christine, Grace, Rose , Amilly
A. Florence is thirty-five years old, married with six children whom five are schooling. She is representing her group as well running a bakery business where she is baking madasi for sale and she has been in this business for over one year. She is using the loan to purchase madasi ingredients such as wheat flour, cooking oil, baking powder, etc. she is hoping for her business to expand. She is a hardworking business woman whose dream is to educate her children.

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
  • 287
    View loans »
    Uganda Loans Fundraising
  • $31,111,650
    Funds lent in using Kiva
  • 2,075.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Patwe Central Atimango Florence Group's $575 loan helped a member to purchase madasi ingredients such as wheat flour, cooking oil, baking powder, etc.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 18, 2009
Listed
Aug 24, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 18, 2010