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Twekwatire Wamu Matumba Zaituni Group
In this Group: Zaituni, Betty, Catheine, Shamim, Fasira, Ruth
Zaituni M. is thirty-seven years old, married with seven children of whom six are in school. She is also taking care of four dependents who are orphans and schooling too. She sells new shoes to children and to both men and women. Zaituni will use the loan to purchase and improve stock . Zaituni is a very hardworking business woman whose future plan is to obtain enough capital to enlarge her business.

BRAC's holistic approach to poverty alleviation and empowerment of the poor encompasses a range of core programs in economic and social development, health, education, human rights and legal services, which are delivered through an extensive network of village organizations. BRAC has become one of the world's largest NGOs as measured by the scale and diversity of its interventions.

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
  • 356
    View loans »
    Uganda Loans Fundraising
  • $29,766,150
    Funds lent in using Kiva
  • 1,870.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Twekwatire Wamu Matumba Zaituni Group's $2,200 loan helped a member to purchase new shoes for ladies, gents and kids.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 2, 2009
Listed
Dec 4, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2010