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Kireka A3(Iv) Group
In this Group: Miriam, Nulu, Prossy, Safina, Sofia
The group leader of this small group is Miriam Nanonjo. She rears poultry and is requesting a loan of UGX 700,000 to purchase more poultry feed. Miriam is a 44-year-old widow. She has 4 children ranging from age 11 to 28 and her children go to school. Each week, Miriam makes approximately UGX 40,000 in profits and with the extra profits from her loan, she hopes to be able to invest in her childrens' education. Miriam has taken a loan from BRAC Uganda before in the amount of UGX 400,000, which she invested in her business. The loan was paid back on time.


Miriam is joined in her small group by Prossy N., Safina N., Sofia N., and Nulu N.. Prossy N. makes and sells food in a canteen and is requesting a loan of UGX 800,000 to expand her canteen business. Safina N., Sofia N. and Nulu N. sell charcoal and are requesting loans of UGX 500,000,UGX 400,000 and UGX 600, 000 respectively to add stock to their businesses.

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
  • 260
    View loans »
    Uganda Loans Fundraising
  • $31,047,900
    Funds lent in using Kiva
  • 1,730.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kireka A3(Iv) Group's $1,750 loan helped a member to expand her poultry business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 24, 2008
Listed
May 9, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009