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Mulago A(Ii) Group
In this Group: Prossy, Rose, Rose, Natalia, Gertrude
The group leader of this small group is Prossy K.. She is currently in the retail shop business and is requesting a loan of UGX 800000 to increase her stock. Prossy is 28 years old and is single. Each week, Prossy makes approximately UGX 30000 in profits. With the extra profits from her loan, she hopes to be able to expand her retail business.


Prossy is joined in her small group by Rose N., Rose N., Natalia N., and Gertrude N.. Rose N. is currently in the business of selling used clothes and is requesting a loan of UGX 500000 to increase stock. Rose N. is currently in the retail business, and is requesting a loan of UGX 1000000 to add to her stock. Natalia N. is currently in the business of selling used clothing and is requesting a loan of UGX 400000 to expand her clothing business. Gertrude N. is currently in the business of water distribution and is requesting a loan of UGX 400000 to buy more water tanks.

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
  • 265
    View loans »
    Uganda Loans Fundraising
  • $30,263,650
    Funds lent in using Kiva
  • 1,710.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Mulago A(Ii) Group's $1,825 loan helped a member to buy another refrigerator.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 8, 2008
Listed
Apr 15, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009