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Arubaine 1 Group
In this Group: Halima, Marey, Zula, Zam, Nalongo
The group leader of this small group is Halima S.. She is currently in the business of used clothing and is requesting a loan to expand her business. Halima is 21 years old and is married with one son aged 2. Halima makes approximately UGX 10000 in profits and with the increased profits from her loan, she hopes to join up her profits with her husband's income so they can buy a piece of land. Halima has taken a loan from BRAC Uganda before to invest in her business and the loan was paid back on time.

Halima is joined in her small group by Mary Nadugwa, Zula N., Zam G., and Nalongo O.. Mary Nadugwa has a business in charcoal sales and wants to increase stock. Zula N. is currently operating a business in selling charcoal and wants a loan to add in business. Zam G. operates a retail shop and wants to increase stock. Nalongo O. is currently in the business of selling new clothes and is requesting a loan to add in the retail 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
  • 106
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 1,715.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Arubaine 1 Group's $1,650 loan helped a member to expand clothes business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 6, 2008
Listed
May 11, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009