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Oliver's Group
In this Group: Oliver, Harriet, Harriet, Prossy, Hajarah
The group leader of this small group is Oliver N.. She is currently in the business of selling bitengi and is requesting a loan of UGX 400,000 to buy more bitengi( tie-and-dye art & crafts material). Oliver is 29 years old and single. She has 2 children ranging from age 4 to 6 and her children go to school. Each week, Oliver makes approximately UGX 50,000 in profits and with the extra profits from her loan, she hopes to be able to expand her business. Oliver has taken a previous loan of UGX 200,000 from BRAC Uganda in order to buy better materials and the loan was paid back on time.


Oliver is joined in her small group by Harriet N., Harriet N., Prossy N., and Hajarah N.. Harriet N. runs a retail shop and is requesting a loan of UGX 100,000 to buy more goods for her store. Harriet N. is in the dry cleaning business and is requesting a loan of UGX 400,000 to buy more equipment. Prossy N. is currently in the business of selling fish and is requesting a loan of UGX 700,000 to expand her business. Hajarah N. is currently in the business of selling shoes and is requesting a loan of UGX 8,000,000 to buy more shoes.

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
  • 268
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 1,708.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Oliver's Group's $1,425 loan helped a member to buy more Bitengi(tie-and-dye art & crafts material).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 8, 2008
Listed
May 10, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009