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Prisca's Group
In this Group: Prisca, Margret, Lukia, Shamila, Maria
Prisca's group is comprised of five hard-working women. Prisca is 19 years old and lives in the town of Lukaya in the Masaka region of Uganda. For the past two years, Prisca has been working hard to manage her small business, which sells milk.

To help expand her business, Prisca has requested a loan of 300,000 UGX from BRAC Uganda. The loan will be used to purchase milk for resale, and will help Prisca to generate greater profits to pay for medical expenses and other family needs. Prisca hopes that in the future she will be able to expand her business.

Prisca is a member of BRAC's Empowerment and Livelihood for Adolescents (ELA) program. In addition to microfinance loans, the program provides both a safe place for young Ugandan women to take part in group activities and a forum for life-skills training. The ELA program has improved Prisca's future prospects by helping her to manage and expand her 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
  • 159
    View loans »
    Uganda Loans Fundraising
  • $28,708,675
    Funds lent in using Kiva
  • 2,485.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Prisca's Group's $825 loan helped a member to purchase milk for resale,.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2012
Listed
Mar 29, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012