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Kikooza G(Vii) Group
In this Group: Annet, Zebulensi, Scolastica, Desire, Desire
The group leader of this small group is Annet N.. She is currently in the business of stone quarrying and is requesting a loan of UGX 300000 to re-invest in the stone business. Annet is 38 years old. She has 6 children ranging from age 4 to 20, and her children go to school. Each week, Annet makes approximately UGX in profits and with the extra profits from her loan, she hopes to be able to expand her business. Annet is joined in her small group by Zebulensi Rweneno, Scolastica B., Desire M., and Christine N.. Zebulensi Rweneno is currently in the business of stone quarrying and is requesting a loan of UGX 300000 to expand her stone business. Scolastica B. is currently in the business of stone quarrying and is requesting a loan of UGX 300000 to buy more land for stone quarrying. Desire M. is currently in the business of stone quarrying and is requesting a loan of UGX 300000 to re-invest in her stone business. Christine N. is currently in the business of stone quarrying and is requesting a loan of UGX 300000 to expand her stone quarry business.

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
  • 227
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 1,710.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kikooza G(Vii) Group's $900 loan helped a member to buy more land to expand the stone quarry business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 12, 2008
Listed
Apr 21, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009