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Kiyinki B1 East A Group
In this Group: Florence, Stella, Grace, Kevin, Rehema
The group leader of this small group is Florence M.. She is currently in the business of clothing sales and is requesting a loan to expand business. Florence is 42 years old and is married. She has 8 children ranging from age 5 to 25 and her children go to school. Each week, Florence makes approximately UGX 10000 in profits and with the extra profits from her loan, she hopes to be able to re-invest in her business. Florence has taken a loan from BRAC Uganda before in the amount of UGX 300000 in order to add to her clothing business and the loan was paid back on time.

Florence is joined in her small group by Stella A., Grace M., Kevin A., and Rehema K.. Stella A. has a business running a retail shop and wants to add stock. Grace M. is currently operating a beauty salon business and wants a loan to purchase a hair dryer. Kevin A. operates a restaurant business and wants to add to her business. Rehema K. is currently in the business of trading produce and is requesting a loan to uplift 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

  • $1,800
    Average annual income
  • 293
    View loans »
    Uganda Loans Fundraising
  • $30,664,350
    Funds lent in using Kiva
  • 1,691.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Kiyinki B1 East A Group's $1,675 loan helped a member to purchase more clothes to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 3, 2008
Listed
Jul 27, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009