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Bakery A(Iv) Group
In this Group: Edith, Harriet, Agnes, Rose, Noreen
The group leader of this small group is Edith N.. She is currently in the business of selling vegetables and is requesting a loan to boost business. Edith is 35 years old and is married. She has 6 children ranging from age 3 to 21 and her children go to school. With the extra profits from her loan, she hopes to be able to start selling both fruit and vegetables.

Edith is joined in her small group by Harriet N., Agnes N., Rose N., and Noreen N.. Harriet N. has a business in food selling and wants to add working capital. Agnes N. is currently operating a business selling vegetables and wants a loan to boost business. Rose N. operates a business selling fish and wants to add capital. Noreen N. is currently in the business of selling vegetables and is requesting a loan to stock more vegetables.

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
  • 160
    View loans »
    Uganda Loans Fundraising
  • $28,340,225
    Funds lent in using Kiva
  • 1,708.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Bakery A(Iv) Group's $775 loan helped a member to add more working capital to vegetable business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 27, 2008
Listed
Jul 7, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009