Check out some available loans that are similar to this one!
Busazi East B Group
In this Group: Nakana, Ruth, Habiba, Amina, Elizabeth
The group leader of this small group is Nakana N.. She is currently in the business of trading produce and is requesting a loan to add working capital. Nakana is 48 years old and is married. Her husband is a tailor. She has 9 children ranging from age 8 to 31 and her children go to school. Each week, Nakana makes approximately UGX 15000 in profits and with the extra profits from her loan, she hopes to be able to buy bricks for building. Nakana has taken a loan from BRAC Uganda before in the amount of UGX 300000 in order to invest in her business and the loan was paid back on time.

Nakana is joined in her small group by Ruth Bakitabwire, Habiba N., Amina T., and Elizabeth K.. Ruth Bakitabwire has a business as a fish monger and wants to add to the business. Habiba N. is currently operating a business in clothing sales and wants a loan to expand the business. Amina T. operates a business of selling produce and wants to re-invest in the business. Elizabeth K. is currently in the business of selling matooke and is requesting a loan to expand to bulk selling.

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
  • 272
    View loans »
    Uganda Loans Fundraising
  • $31,081,300
    Funds lent in using Kiva
  • 1,708.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Busazi East B Group's $1,000 loan helped a member to boost and expand produce business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 25, 2008
Listed
Jul 9, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009