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Ageut- Namugere Betty Group
In this Group: Betty, Phina, Judith, Elizabeth
Betty N. (on the right) is 45 years old, married and the mother of 11 children. Betty and her group members are local brewers in Pallisa. They purchase millet from the farmers, mill the grain, and later ferment it, thereby preparing ajong (a local brew).



The loan is enabling these ladies to boost their businesses by purchasing more millet, the main ingredient for their local brew. Betty in particular dreams of opening up a pub for refined wines, spirits, and beer. Her business enables her to help her husband in providing for the family.

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
  • 233
    View loans »
    Uganda Loans Fundraising
  • $31,033,550
    Funds lent in using Kiva
  • 1,974.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Ageut- Namugere Betty Group's $350 loan helped a member purchase millet for brewing alcohol.
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