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Naava East A Group
In this Group: Ruth, Lydia, Betty, Fatuma, Sarah
The group leader of this small group is Ruth E.. She is currently in the business of raising and selling poultry and is requesting a loan to purchase poultry feed. Ruth is 30 years old and married. Her husband has a carpentry workshop. She has 3 children ranging from age 9 to 15 and her children go to school. Each week, Ruth makes approximately UGX 25000 in profits and with the extra profits from her loan, she hopes to be able to expand her business. Ruth has taken a loan from BRAC Uganda before in the amount of UGX 200000 in order to invest in a charcoal business and the loan was paid back on time.

Ruth is joined in her small group by Lydia C., Betty C., Fatuma L., and Sarah A.. Lydia C. has a business in vegetable selling and wants to add to the business. Betty C. is currently operating a business selling fish and wants a loan to add capital. Fatuma L. operates a business selling fish and wants to expand her business. Sarah A. is currently in the business of selling charcoal and is requesting a loan to purchase more sacks of charcoal.

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
  • 319
    View loans »
    Uganda Loans Fundraising
  • $29,677,925
    Funds lent in using Kiva
  • 1,700.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Naava East A Group's $2,000 loan helped a member to expand poultry business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 25, 2008
Listed
Jun 10, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009