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Kira A Group
In this Group: Sarah, Doreen, Salima, Promise, Prossy
The group leader of this small group is Sarah K.. She runs a, retail shop and is requesting a loan of UGX 600,000 to buy another fridge. Sarah is 44 years old and married. She has 4 children ranging from age 12 to 20 and her children go to school. Each week, Sarah makes approximately UGX 50,000 in profits and with the extra profits from her loan, she hopes to be able to save enough money to pay her childrens' school fees. Sarah has taken a loan from BRAC Uganda before in the amount of UGX 400,000 to invest it in her retail shop business and the loan was paid back on time.


Sarah is joined in her small group by Doreen N., Salima M., Promise N., and Prossy N.. Doreen N. is currently in the business of tailoring and is requesting a loan of UGX 400,000 to buy more sewing machines. Salima M. is currently in the business of selling clothes and is requesting a loan of UGX 500,000 to purchase more clothes for sale. Promise N. is currently in the business of matooke (a plantain banana dish from Uganda) selling and is requesting a loan of UGX 500,000 to expand her business. Prossy N. runs a salon and is requesting a loan of UGX 500,000 to buy a hairdryer and steamer.

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
  • 374
    View loans »
    Uganda Loans Fundraising
  • $30,352,075
    Funds lent in using Kiva
  • 1,720.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kira A Group's $1,475 loan helped a member to expand a retail shop business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 7, 2008
Listed
May 10, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009