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Central 4 Group
In this Group: Lazia, Annet, Catherine, Jane, Aisha
Lazia N. is the leader for this group. She is currently in the business of selling raw food and is requesting a loan to increase stock. Lazia is 39 years old and is married; her husband sells fish. She has 3 children ranging from age 17 to 20, and they all go to school. Each week, Lazia earns approximately UGX 40,000 in profits and, with the extra help from her loan, she hopes to be able to increase her stock and start a stall for her daughter .

Lazia is joined in her small group by Annet N., Catherine N., Jane N., and Aisha N.. Annet N. has a business selling tea and wants to expand. Catherine N. is currently operating a business in a market stall and wants a loan to increase her stock of vegetables. Jane N. and Aisha N. also operate businesses in market stalls and want to re-invest in and expand 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
  • 235
    View loans »
    Uganda Loans Fundraising
  • $31,036,700
    Funds lent in using Kiva
  • 1,715.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Central 4 Group's $1,700 loan helped a member to expand food business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 12, 2008
Listed
May 11, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009