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Beat Nassali's Group
In this Group: Beat, Mary, Oliver, Ann Mary, Tereza
Beat is the leader of this group of 5 members. She is 65 years old and divorced. She has 8 children who are working and 28 grandchildren, some of whom she pays school dues for. The community she lives in is semi urban.



Some of the challenges are lack of enough space for all her businesses and disease outbreaks, which sometimes kill many of her chickens.



She was able to pay school dues for her children and is now paying for grandchildren. She also constructed 2 chicken houses.



She plans to increase her stock, start rearing pigs, and acquire a bigger piece of land in order to expand her business.



Beat has successfully paid back more than 15 loans.

Additional Information

About MCDT SACCO

This loan is administered by MCDT SACCO, a savings and credit institution operating in Kampala, Uganda. The mission of MCDT SACCO is to provide sustainable financial services to the lower strata of Uganda's poor, especially women, for their economic and social development. MCDT's cooperative structure also affords its clients the opportunity to own shares of the organization and benefit from its financial performance. For more on MCDT SACCO, please see our partner page at http://www.kiva.org/partners/112, and join our lending team, Friends of MCDT SACCO, at http://www.kiva.org/team/friends_of_mcdt_sacco.

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
  • 265
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 1,680.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Beat Nassali's Group's $1,800 loan helped a member she plans to increase her stock, start rearing pigs, and acquire a bigger piece of land.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 8, 2008
Listed
Apr 23, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 16, 2008