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Ireda Agali 2 Okello Lilly Group
In this Group: Lilly, Katherine, Rose , Esther, Lilian
O. Lilly is forty-seven years old. She is widowed and blessed with eight children. She is dealing in the charcoal business. She has been selling charcoal for over three years. She was managing to purchase at least three to four bags of charcoal. She is requesting for a loan to purchase at least ten to fifteen bags of charcoal to get better profits for her business. She is very hard-working and her dream is to build a house.

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
  • 312
    View loans »
    Uganda Loans Fundraising
  • $30,647,875
    Funds lent in using Kiva
  • 1,875.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Ireda Agali 2 Okello Lilly Group's $1,075 loan helped a member to purchase at least ten to fifteen bags of charcoal to get better profits for her business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2009
Listed
Nov 5, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010