Tororo Road Group
Status: Paying Back
| $925.00 | Loan Amount |
|---|
74% repaid
About the Group
| Group Name: | Tororo Road Group |
|---|---|
| Group Members: |
Madina Kamagila Christine Nagobi Fatima Maliza Kiza Namatovu Nabukenya |
| Location: | Busia, Uganda |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $925.00 |
|---|---|
| Loan Use: | Purchases shoes for ladies, kids, and gents |
| Repayment Term: | 11 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Apr 9, 2009 |
| Date Disbursed: | Apr 3, 2009 |
| Date Funded: | Apr 11, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | BRAC Uganda |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 23 months |
| Kiva Entrepreneurs: | 8428 |
| Total Loans: | $2,317,800 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Uganda |
|---|---|
| Avg Annual Income: | $1,700.00 |
| Currency: | Uganda Shillings (UGX) |
| Exchange Rate: | 2,175.5000 UGX = 1 USD |
Ms. Namagila Madina is a 28-year-old single woman. She has three children and also cares for four other children. All of the children are in school. She is using this loan to purchase shoes for ladies, kids, and gents. She is hardworking and innovative, and she has been selling shoes for over 5 years. She wants to help people in her community, construct a house, and educate her children.
About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more
About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more
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Journal entries for Tororo Road Group
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Loan has been disbursed
Location: Busia, Uganda
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Posted by
from Busia, Uganda
Apr 12, 2009 |
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Comment on this entry
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Repayment Schedule for Tororo Road Group
Repayment Schedule for Tororo Road Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| June 2009 | $69.36 | $69.36 |  Repayment Received
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| July 2009 | $115.60 | $115.65 | Repayment Received
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| August 2009 | $92.48 | $92.52 | Repayment Received
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| September 2009 | $115.60 | $115.65 | Repayment Received
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| October 2009 | $92.48 | $92.34 | Repayment Received
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| November 2009 | $92.48 | $92.48 | Repayment Received
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| December 2009 | $115.60 | $115.60 | Repayment Received
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| January 2010 | $92.48 | Available Jan 1 | |||
| February 2010 | $92.48 | Available Feb 1 | |||
| March 2010 | $46.44 | Available Mar 1 | |||
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