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Buguwa Ii A Group
In this Group: Deborah, Suzan, Margret, Esther, Aidah
The group leader of this small group is Deborah N.. She is currently in the business of selling fish and is requesting a loan to expand her business. Deborah is 45 years old and is married. Her husband is a farmer. She has five children, whose ages range from age 10 to 20. Her children go to school. Each week, Deborah makes approximately UGX 15000 in profit. With the extra profits she will make with the help of a loan, she hopes to be able to repay the loan and pay the school fees for her children. Deborah has taken a loan from BRAC Uganda before, to the amount of UGX 300000, in order to start a wholesale business. Tthe loan was paid back on time.

Deborah is joined in her small group by Suzan I., Margret K., Esther N., and Aidah K.. Suzan I. has a business selling new clothing and wants to increase her stock. Margret K. is currently operating a local brewing business and wants to buy a brewing machine. Esther N. operates a farming business and wants to start trading coffee. Aidah K. is operating a retail shop and is requesting a loan to buy more sacks of sugar.

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
  • 265
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 1,702.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Buguwa Ii A Group's $1,300 loan helped a member to expand her fish 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