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Ireda Agali 2 Okello Lucy Group
In this Group: Lucy, Kevin , Sandorina, Molly
O. Lucy is forty-two years old, widowed and blessed with six children of whom, five are schooling. She operates a local brewing business which she has been running for ten years so far. She is requesting this loan to purchase local brewing ingredients such as maize flour, yeast, etc.. She is trying to improve her business to make more profit so that she will be able to pay school fees for her children. She is not worrying because there is some thing to eat. She is active and her dream is to build a house for her children.

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
  • 119
    View loans »
    Uganda Loans Fundraising
  • $33,852,025
    Funds lent in using Kiva
  • 1,880.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Ireda Agali 2 Okello Lucy Group's $1,125 loan helped a member to purchase local brewing ingredients such as maize flour, yeast, etc.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Oct 29, 2009
Nov 5, 2009
Currency Exchange Loss:
Sep 15, 2010