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Buguwa I A Group
In this Group: Sofia, Efrance, Jovia, Agatha, Salama
The group leader of this small group is Sofia N.. She is currently operating a retail shop and is requesting a loan to increase her stock. Sofia is 28 years old and is married to a farmer. She has four children, ranging from age 1.5 to 12 years old. Only one of her children attends school. Each week, Sofia makes approximately UGX 17000 in profit. With the extra profit she earns, she hopes to be able to pay the school fees for her children. Sofia has taken a loan from BRAC Uganda before, to the amount of UGX 600000, to buy sacks of sugar. The loan was paid back on time.

Sofia is joined in her small group by Efrancee N., Jovia I., Agatha N., and Salama K.. Efrance N. has a business selling charcoal and wants to expand her business. Jovia I. is currently operating a retail shop and wants a loan to purchase more items. Agatha N. operates a retail shop and wants to add more stock. Salama K. is currently selling charcoal and is requesting a loan to increase her stock and improve her 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
  • 224
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 1,702.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Buguwa I A Group's $1,475 loan helped a member to invest in a retail shop business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 13, 2008
Listed
Jun 4, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009