Check out some available loans that are similar to this one!
Kireka C1B Group
In this Group: Justine, Prossy, Hanifah, Goretti, Jaliya
The group leader of this small group is Justine N.. She is currently in the business of selling charcoal and is requesting a loan to stock more charcoal to sell. Justine is 27 years old and is married. Her husband is a commercial motorcyclist for work. She has 4 children ranging from age 2 months to 9 years old and her children go to school. Each week, Justine makes approximately UGX 30000 in profits and with the extra profits from her loan, she hopes to be able to buy a plot of land. Justine has taken a loan from BRAC Uganda before in the amount of UGX 600000 in order to add to her business and the loan was paid back on time.

Justine is joined in her small group by Prossy N., Hanifah N., Goretti M., and Jaliya N.. Prossy N. has a business running a retail shop and wants to develop into a supermarket. Hanifah N. is currently operating a beauty salon business and wants a loan to purchase two hair dryers and shower basins. Goretti M. operates a retail shop business and wants to open up a second shop in another location. Jaliya N. is currently in the business of selling snacks and is requesting a loan to boost 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
  • 284
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 1,708.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kireka C1B Group's $1,825 loan helped a member to expand charcoal business buy purchasing in bulk.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 15, 2008
Listed
Jul 7, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009