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Busazi East E Group
In this Group: Aisha, Mariam, Jowali, Hawa, Ruth
The group leader of this small group is Aisha Abenoyo. She is currently in the business of selling farm produce and is requesting a loan to add to her business. Aisha is 25 years old and is married. She has 3 children ranging from age 4 to 10 and her children go to school. Each week, Aisha makes approximately UGX 15000 in profits and with the extra profits from her loan, she hopes to be able to educate her children. Aisha has taken a loan from BRAC Uganda before in the amount of UGX 400000 in order to add to her business and the loan was paid back on time.

Aisha is joined in her small group by Mariam B., Jowali F., Hawa N., and Ruth N.. Mariam B. has a business selling clothes and wants to venture into a shoe sales business. Jowali F. is currently operating a business selling produce and wants a loan to expand her business. Hawa N. operates a business trading produce and wants to boost business. Ruth N. is currently in the business of charcoal sales and is requesting a loan to construct a charcoal shade.

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
  • 308
    View loans »
    Uganda Loans Fundraising
  • $30,718,125
    Funds lent in using Kiva
  • 1,708.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Busazi East E Group's $1,025 loan helped a member to improve the quality and quantity of produce sold.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 26, 2008
Listed
Jul 9, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009