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Buziika South B Group
In this Group: Jane, Esther, Hasifa, Jane, Olivia
The group leader of this small group is Jane S.. She is currently in the business of tailoring and is requesting a loan to purchase a babelock and clothe designing machines. Jane is 31 years old and is a widow. She has 2 children ranging from age 4 to 6 and her children go to school. Each week, Jane makes approximately UGX 42000 in profits and with the extra profits from her loan, she hopes to be able to take children to school and meet the family's basic needs Jane has taken a loan from BRAC Uganda before in the amount of UGX 300000 in order to purchase her own sewing machine and the loan was paid back on time.

Jane is joined in her small group by Esther K., Hasifa N., Jane M., and Olivia N.. Esther K. has a business in cattle rearing and wants to purchase a cow. Hasifa N. is currently operating a business in charcoal sales and wants a loan to increase working capital. Jane M. operates a business of charcoal selling and wants to increase working capital. Olivia N. is currently owns a retail shop and is requesting a loan to purchase more products and increase her customer base.

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
  • 290
    View loans »
    Uganda Loans Fundraising
  • $31,089,375
    Funds lent in using Kiva
  • 1,700.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Buziika South B Group's $2,000 loan helped a member to add machinery to her tailoring business and increase business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 29, 2008
Listed
Feb 15, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 8, 2009