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Kabumbi B (Ii) Group
In this Group: Rukiya, Robinah, Kirabo, Florence, Hajara
The group leader of this small group is Rukiya N.. She is currently in the business of running a retail shop and is requesting a loan to restock her shop. Rukiya is 28 years old and married. Her husband is a business man. She has 1 child aged 2. Each week, Rukiya makes approximately UGX 87000 in profits and with the extra profits from her loan, she hopes to be able to purchase a durable counter with a strong drawer. Rukiya has taken a loan from BRAC Uganda before in the amount of UGX 500000 in order to buy requirements for her business and the loan was paid back on time. Rukiya is joined in her small group by Robinah N., Kirabo O., Florence S., and Hajara S.. Robinah N. has a business running a retail shop and wants to increase the inventory. Kirabo O. is currently operating a retail shop business and wants a loan to add capital. Florence S. operates a retail shop business and wants to boost business. Hajara S. is currently in the business of selling cold drinks and is requesting a loan to purchase a fridge.

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
  • 289
    View loans »
    Uganda Loans Fundraising
  • $30,725,575
    Funds lent in using Kiva
  • 1,708.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kabumbi B (Ii) Group's $2,000 loan helped a member to purchase more commodities and add stock to the shop.
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