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Bukaye B East A Group
In this Group: Fatuma, Justine, Mastula, Zawuma, Nusula
The group leader of this small group is Fatuma K.. She is currently in the business of selling clothes and is requesting a loan to buy a fridge and start selling soft drinks. Fatuma is 38 years old and is married with a husband who works as a businessman. She has 6 children ranging from age 9 to 20 and her children go to school. Each week, Fatuma makes approximately UGX 60000 in profits, and with the extra profits from her loan, she hopes to be able to pay school fees for her chidren. Fatuma has taken a loan from BRAC Uganda before in the amount of UGX 500000 in order to start a timber business, and the loan was paid back on time.

Fatuma is joined in her small group by N. Justine, N. Mastula, Zawuma N., and Nusula N.. N. Justine has a business in selling produce and wants to increase the produce traded. N. Mastula is currently operating a business in retail shop and wants to increase capital stock, uplift her business and also start a poultry business. Zawuma N. operates a business of mobile clothing sales and wants to trade new clothes as well. Nusula N. is currently in the business of selling clothes and is requesting a loan to boost 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
  • 379
    View loans »
    Uganda Loans Fundraising
  • $30,352,075
    Funds lent in using Kiva
  • 1,703.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Bukaye B East A Group's $1,225 loan helped a member to expand clothe business and also start selling soft drinks.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 13, 2008
Listed
Jun 3, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009