Check out some available loans that are similar to this one!
Kabumbi B (I) Group
In this Group: Hanifah, Rose, Agnes, Teopista, Kevin
The group leader of this small group is Hanifah N.. She is currently in the business of running a retail shop and is requesting a loan to add more stock. Hanifah is 38 years old and is married. Her husband is a teacher. She has 3 children ranging from age 2 to 6 and her children go to school. Each week, Hanifah makes approximately UGX 76000 in profits and with the extra profits from her loan, she hopes to be able to re-invest in her business. Hanifah has taken a loan from BRAC Uganda before in the amount of UGX 300000 in order to buy shop commodities like sugar, flour, rice and salt and the loan was paid back on time.

Hanifah is joined in her small group by Rose N., Agens M., Teopista N., and Kevin N.. Rose N. has a business running a retail shop and wants to purchase a fridge. Agens M. is currently operating a poultry farming business and wants a loan to buy more chicks. Teopista N. operates a business of brick laying and wants to rent more land for her business. Kevin N. is currently in the business of dairy farming and is requesting a loan to purchase cattle feed.

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
  • 315
    View loans »
    Uganda Loans Fundraising
  • $29,677,925
    Funds lent in using Kiva
  • 1,708.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kabumbi B (I) Group's $1,875 loan helped a member to purchase more shop items like sugar, flour and salt.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 18, 2008
Listed
Jul 8, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009