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Shell Ii 2085(C) Group
In this Group: Margret, Jackie, Eva, Esther, Aminah
Margret is a 40 year old widow with three children and three dependants. She has a salon business. With the profits she earns from the business, Margret intends to buy a piece of land. Eva is a poultry farmer and wants to use the loan to purchase more poultry feed. Aminah has a restaurant business. Jackie's business offers secretarial services like typing, printing and photocopying.


This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in her own business. The members mutually guarantee one another's loans. If one member does not repay, the other members are responsible.

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
  • 228
    View loans »
    Uganda Loans Fundraising
  • $31,019,500
    Funds lent in using Kiva
  • 1,695.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Shell Ii 2085(C) Group's $1,725 loan helped a member to buy more equipment, including dryers and salon chemicals and provide capital for the other businesses.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 25, 2008
Listed
Mar 9, 2008
Currency Exchange Loss:
Covered
Ended:
May 6, 2009