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Goreti's Group
In this Group: Goreti, Immaculate, Asmah
Goreti's group is comprised of 3 hard-working women. Goreti is 22 years old and lives in the town of Kasese in the Fort Portal region of Uganda. She is married and has one child who is currently in school. For the past 6 months, Goreti has been working hard to manage her small business, which sells second-hand clothes.

To help expand her business, Goreti has requested a loan of 300,000 Ugandan Shillings from BRAC Uganda. The loan will be used to expand her range of used clothing to sell and will help Goreti to generate greater profits and pay school fees. Goreti hopes that in the future she will be able to build a house.

Goreti 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.

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
  • 416
    View loans »
    Uganda Loans Fundraising
  • $30,366,425
    Funds lent in using Kiva
  • 2,485.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Goreti's Group's $300 loan helped a member to expand her assortment of used clothing to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2012
Listed
Aug 21, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013