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Busei A South D Group
In this Group: Alice, Hadija, Zida, Zaituni, Aidah
The group leader of this small group is Alice B.. She is currently in the business of farming and selling silver fish, and is requesting a loan to start trading big fish like nile perch and tilapia. Alice is 34 years old and is married with a husband works as a builder. She has 5 children ranging from age 8 to 15, and her children go to school. Each week, Alice makes approximately UGX 30000 in profits, and with the extra profits from her loan, she hopes to be able to bank the money and save it for future use. Alice has taken a loan from BRAC Uganda before in the amount of UGX 150000 in order to uplift her poultry and fish trading business, and the loan was paid back on time.

Alice is joined in her small group by Hadija N., Zida N., B. Zaituni, and Aidah S.. Hadija N. has a business in selling sweet potatoes and wants to expand to trade a variety of produce. Zida N. is currently operating a retail shop business and wants a loan to increase fixed assets in the shop. B. Zaituni operates a business of selling new clothes and wants to rent another permanent place for business. Aidah S. is currently in the grocery business and is requesting a loan to set up a bigger stall.

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
  • 223
    View loans »
    Uganda Loans Fundraising
  • $29,115,450
    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 D Group's $2,000 loan helped a member to expand both farming and fish business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 22, 2008
Listed
Jun 3, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009