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Tiira Road B Group
In this Group: Agnes, Lucy, Grace, Lydia
The leader of this small group is Agnes M.. She is currently in the business of selling yellow bananas and is requesting a loan to expand the business. Agnes is 33 years old and married. Her husband is a businessman. She has 4 children ranging from age 5 to 15, and her children go to school. Each week, Agnes makes approximately UGX 100000 in profits and with the extra profits from her loan, she hopes to be able to help her husband complete the house they are constructing. Agnes previously had a loan from BRAC Uganda in the amount of UGX 300000 in order to invest in her business, and the loan was paid back on time. Agnes is joined in her group by Lucy A., Grace W. and Lydia N.. Lucy A. has a business in fruit and vegetable sales and wants to increase stock. Grace W. is currently operating a business in matooke sales and wants a loan to purchase additional matooke for sale. Lydia N. also sells matooke and wants to use the loan to purchase more matooke from nearby villages.

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
  • 289
    View loans »
    Uganda Loans Fundraising
  • $31,090,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Tiira Road B Group's $1,600 loan helped a member to expand banana business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 27, 2008
Listed
Jun 2, 2008
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2009