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Nassuti B(Iii) Group
In this Group: Jane, Cissy, Margret, Mary, Tabitha
The group leader of this small group is Jane W.. She is currently in the business of tailoring and is requesting a loan to add to her business. Jane is 24 years old and is married. She has 3 children ranging from age 5 to 14 and her children go to school. With the extra profits from her loan, she hopes to be able to re-invest in her business.

Jane is joined in her small group by Cissy N., Margret K., Mary W., and Tabitha S.. Cissy N. has a business running a beauty salon and wants to purchase more hair chemicals and oils. Margret K. is currently operating a business in poultry farming and wants a loan to buy more chicks. Mary W. operates a fishery business and wants to expand the business. Tabitha S. is currently in the business of used clothing sales and is requesting a loan to improve 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
  • 227
    View loans »
    Uganda Loans Fundraising
  • $29,081,275
    Funds lent in using Kiva
  • 1,708.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Nassuti B(Iii) Group's $2,000 loan helped a member to purchase more cloth fabric.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 17, 2008
Listed
Jul 8, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009