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Safina's Group
In this Group: Safina, Resty, Jemimah
Safina's group is comprised of three hard-working women. Safina is 19 years old and lives in the town of Rukoki in the Fortportal region of Uganda. For the past three years, Safina has been working hard to manage her small hotel and catering business.

To help expand her business, Safina has requested a loan of 900,000 Ugandan Shillings from BRAC Uganda. The loan will be used to add capital to the business and to buy more chairs. This will help Safina to generate greater profits and expand the business. It will also allow her to afford to cover medical expenses.

Safina hopes that in the future she will be able to better look after her family.

Safina 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
  • 296
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,677.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Safina's Group's $825 loan helped a member to add capital to the business and to buy more chairs.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 29, 2013
Listed
Feb 23, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013