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Mugoma Women’S Group
In this Group: Grace , Harriet , Teddy Agnes , Stella , Inid , Beatrice , Usita , Beatrice , Peninah *
* not pictured
Grace S., the leader of Mugoma Women’s Group, is 38 years old and married with seven children and six additional dependents who all attend school. She has been in the business of selling cassava flour for over six months. She will use the loan to increase and expand her business by purchasing four or five bags of cassava flour to resell. This will enable her to earn more profits and educate her children. She is a very hardworking woman and she encourages her fellow women to work hard. Her dream for the future is to see her children become well-educated.

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
  • 319
    View loans »
    Uganda Loans Fundraising
  • $29,677,925
    Funds lent in using Kiva
  • 1,914.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mugoma Women’S Group's $1,450 loan helped a member to purchase four or five bags of cassava flour.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2009
Listed
Sep 25, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 21, 2010