Lufuka C-Nansuna Sarah Group
Sarah N. is 32 years old. She was formerly a waitress in the Speke Hotel Kampala. She now operates a restaurant and a charcoal selling stall in Lufuka. She earns a weekly profit of at least UGX 80,000 from both businesses, which have been in operation since 2004. From her profits she settles her rent bills at the rate of UGX 60,000. Sarah is using the loan to purchase more sacks of charcoal to boost her charcoal selling business. Her strength in business is the ability to attract new customers while retaining old customers by offering them quality services.
However, she is not contented with these businesses because her dream is to run a wholesale shop of fast moving consumer goods. She hopes that by achieving her dream, she will be in position to set up a modern residence for her family and also see her children through best schools. She is a loving mother of four and also a caring guardian to her late brother's two children. Her loving husband is a businessman in the clothing sector and has always supported her in the businesses.
About BRAC UgandaThis 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.
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Success!! The loan was 100% repaid