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Busei A South B Group
In this Group: Hasifah, Madina, Debrah, Mariam, Fatuma
The group leader of this small group is Hasifa N.. She is currently in the business of cattle and poultry and is requesting a loan to buy another cow for business. Hasifa is 35 years old and is married. Her husband is a business man dealing in cattle and poultry for work. She has 10 children ranging from age 5 months to 14 years and her children go to school. Each week, Hasifa makes approximately UGX 50000 in profits and with the extra profits from her loan, she hopes to be able to pay school fees for the children. Hasifa has taken a loan from BRAC Uganda before in the amount of UGX 200000 in order to buy poultry chicks, and the loan was paid back on time.

Hasifa is joined in her small group by Madina M., Deborah M., Mariam B., and Fatuma W.. Madina M. has a poultry business and wants to buy more chicks. Deborah M. is currently operating a business in tailoring and wants a loan to trade more cloth materials. Mariam B. operates a business of selling used clothes and wants to start selling new clothes. Fatuma W. is currently in the business of selling produce and is requesting a loan to trade a bigger variety of produce.

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
  • 161
    View loans »
    Uganda Loans Fundraising
  • $28,340,250
    Funds lent in using Kiva
  • 1,703.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Busei A South B Group's $1,825 loan helped a member to buy another cow and expand poultry business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 23, 2008
Listed
Jun 3, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009