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Twekembe Nagawa Margaret Group
In this Group: Margaret, Fatuma, Harriet, Aisha
N. Margaret is a 30-year-old married woman who is blessed with two school-aged children, one of whom is in grade six and the other in grade two.

For the last eight years, Margaret has run a small business selling foodstuffs. This business enables her to pay her children's school fees. As she has only a small amount of capital and has to pay transport costs, she is requesting a loan to purchase bananas from villages to supply them in town markets.

Margaret is a hardworking businesswoman whose dream is to purchase a plot of land and construct a house so that she can earn a living by renting it out.

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
  • 349
    View loans »
    Uganda Loans Fundraising
  • $29,766,150
    Funds lent in using Kiva
  • 1,874.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Twekembe Nagawa Margaret Group's $1,450 loan helped a member to purchase bananas from villages to supply them in town markets.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2009
Listed
Dec 2, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2010