Nyenga East B Group

In this Group:
Annet Namwase, Betty Namulondo, Rose Ndiwalana, Lovis Katamba, Teopista Nassanga

The group leader of this small group is Teopista Nassanga. She is currently operating a beauty salon and is requesting a loan to buy more hair dryers. Teopista is 30 years old and is married. Her husband is a driver. She has 6 children ranging from age 6 to 18 and her children go to school. Each week, Teopista makes approximately UGX 32000 in profits and with the extra profits from her loan, she hopes to be able to expand her salon business Teopista has taken a loan from BRAC Uganda before in the amount of UGX 1300000 in order to buy two hair dryers and the loan was paid back on time.

Teopista is joined in her small group by Lovis Katamba, Rose Ndiwalana, Betty Namulondo, and Annet Namwase. Lovis Katamba operates a hardware shop and wants to buy more hardware materials. Rose Ndiwalana is currently operating a farm and wants a loan to expand her business. Betty Namulondo operates a bar and wants to buy more beers and drinks. Annet Namwase is currently owns a restaurant and is requesting a loan to buy more foodstuffs, soft drinks and utensils.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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