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Namayira Centre B Group
In this Group: Christine, Rose, Beth, Ruth, Sarah
The group leader of this small group is Christine Z.. She is currently in the business of running a beauty salon and is requesting a loan to purchase a hair dryer. Christine is 37 years old and is married. Her husband is a mechanic. She has 5 children ranging from age 7 to 18 and her children go to school. Each week, Christine makes approximately UGX 80000 in profits and with the extra profits from her loan, she hopes to be able to pay school fees for the children. Christine has taken a loan from BRAC Uganda before in the amount of UGX 180000 in order to increase stock and the loan was paid back on time.

Christine is joined in her small group by Rose N., Beth G., Ruth B., and Sarah N.. Rose N. has a business running a salon and wants to buy more salon equipment. Beth G. is currently operating a grocery store business and wants a loan to increase stock. Ruth B. operates a business of a drug shop and wants to expand business. Sarah N. is currently in the business of running a hotel and is requesting a loan to add to the 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
  • 104
    View loans »
    Uganda Loans Fundraising
  • $28,637,175
    Funds lent in using Kiva
  • 1,702.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Namayira Centre B Group's $1,375 loan helped a member to add in salon business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 14, 2008
Listed
Jun 5, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009