A loan of $1,600 helped a member to expand hardware business by increasing stock.

Nangwe Madibira (Ii) Group's story

The leader of this small group is Angella A.. She operates a hardware shop and is requesting a loan to increase her stock. Angella is 41 years old and is married. Her husband is a farmer. She has 3 children ranging in age from 7 to 10 years and they all go to school.Each week, Angella makes approximately UGX 100000(US$59.00) in profits and with the extra profits from her loan, she hopes to be able to pay school fees for her children. Angella has taken a loan from BRAC Uganda before in the amount of UGX 500000 (US$290.00) to invest in her business and the loan was paid back on time.

Angella is joined in her small group by Rashid M., Elizabeth N. and Florence M.. Rashid M. sells millet flour, while Elizabeth N. and Florence M. each sell hardware. All three women plan to use the loan to expand their businesses.

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: Angella, Rashid, Elizabeth, Florence

Loan details

Lenders and lending teams

Loan details