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Humura Nyakasanja United Muziguzi Perisi Group
In this Group: Perisi , Margaret, Goretti , Florence, Florence, Shamim, Margaret, Florence
M. Perisi is the group President of Humura Nyakasanja United; she is thirty-nine years old single woman with four children of which three are going to school. She has one dependent schooling too. She deals with retail shop and also she is a tailor. She is using the loan to purchase essential items mostly that is sugar, rice, soap, salt, etc in her shop. She wants to add stock to improve upon her business. She is a hardworking business woman whose dream is to purchase a car.

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
  • 163
    View loans »
    Uganda Loans Fundraising
  • $28,672,675
    Funds lent in using Kiva
  • 1,914.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Humura Nyakasanja United Muziguzi Perisi Group's $800 loan helped a member to purchase essential items mostly that is sugar, rice, soap, salt, etc in her shop.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2009
Listed
Sep 24, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 21, 2010