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Namuyingi Ii D Group
In this Group: Resty, Miriam, Janat, Labetha, Jane
The group leader of this small group is Resty N.. She is currently in the business of cooking food and is requesting a loan to expand her business. Resty is 38 years old and is married to a school bursar. She has seven children, ranging from 5 to 18 years in age. Her children attend school. Each week, Resty makes approximately UGX 35000 in profits. With the extra profits she will make with the help of a loan, she hopes to be able to meet her basic needs Resty has taken a loan from BRAC Uganda before, to the amount of UGX 200000, in order to buy a refrigerator. The loan was paid back on time.

Resty is joined in her small group by Miriam N., Janat N., Labetha M., and Jane B.. Miriam N. has a business selling clothes and wants to start a clothing shop. Janat N. is currently operating a hotel business and wants a loan to increase her capital. Labetha M. operates a business selling maize and wants to boost up her business. Jane B. is currently in the business of brewing local beer and is requesting a loan to buy a brewing machine.

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
  • 315
    View loans »
    Uganda Loans Fundraising
  • $30,618,975
    Funds lent in using Kiva
  • 1,702.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Namuyingi Ii D Group's $1,600 loan helped a member to invest in her food business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 10, 2008
Listed
Jun 4, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009