Funded

Total loan: $1,600
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Marach B(V) Group

Uganda
Busia, Uganda / Clothing Sales

A loan of $1,600 helped a member to purchase more clothes for sale.


Marach B(V) Group's story

The leader of this small group is Saida S.. She currently sells new clothes and is requesting a loan to invest in her business. Saida is 23 years old and is married; her husband works in an immigration office. She has 1 son. Each week, Saida makes approximately UGS 30000 (US$18.00) in profits and with the extra profits from her loan, she hopes to be able to complete her house, which is under construction. Saida has taken a loan from BRAC Uganda before in the amount of UGS 500000 (US$291.00) in order to invest in her business and the loan was paid back on time.

Saida is joined in her small group by Sauda K., Mary O. and Mariam T.. Sauda K. sells new clothes and wants to start a shoe business with the loan. Mary O. is currently operating a business in dry foods and wants a loan to expand. Mariam T. operates sells new clothes and wants to increase her stock for sale.

This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in her own business. The members mutually guarantee one another's loans. If one member does not repay, the other members are responsible.

In this group: Saida, Sauda, Mary, Mariam
*not pictured



Loan details

Loan length:

14 months
Disbursed date: June 16, 2008

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: June 16, 2008