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Ageut-Akurut Ketty Group
In this Group: Ketty, Zalika, Elizabeth
Ketty A. (on the left) is 28 years old, married, and a mother of four. Ketty represents her fellow group members who are also involved in clothing sales businesses in Pallisa town. They travel to Mbale (a main regional town) to purchase their stock on Mondays every 2 weeks. From their sales, their profit margin ranges between 25-30%.




These ladies are using their loan funds to purchase dresses, shirts, trousers, skirts, and blouses. Ketty particularly dreams of opening up a 1st class boutique with a variety of new designer outfits sourced from overseas. She also hopes to build a house for her family. The income she earns from the business enables her to meet the family's day-to-day needs.

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

  • $1,800
    Average annual income
  • 231
    View loans »
    Uganda Loans Fundraising
  • $31,010,850
    Funds lent in using Kiva
  • 1,974.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Ageut-Akurut Ketty Group's $275 loan helped a member purchase dresses, shirts, trousers, skirts, and blouses for re-sale.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 7, 2009
Listed
Jan 18, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009