Marachi B Group
Status: Paying Back
| $1,725.00 | Loan Amount |
|---|
74% repaid
About the Group
| Group Name: | Marachi B Group |
|---|---|
| Group Members: |
Zaidi Zainabu Unice Anyago Marian, Taaka Bety Akello Sulaina Nakato |
| Location: | Busia, Uganda |
| Activity: | Charcoal Sales |
About the Loan
| Loan Amount: | $1,725.00 |
|---|---|
| Loan Use: | To purchase bags of charcoal |
| 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 15, 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: | 8418 |
| Total Loans: | $2,316,025 |
| 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 |
Mrs. Zainabu Mariam is married, and is 40 years old. She has six children, all of whom are in school, and she also cares for two other children. She is using this loan to purchase bags of charcoal. She has been selling charcoal for over 20 years. She wants to educate her children and encourage others in her community to work. She is active and her goals are to develop herself and construct a house.
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 Marachi B Group
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Loan has been disbursed
Location: Busia, Uganda
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Posted by
from Busia, Uganda
Apr 16, 2009 |
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Comment on this entry
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Repayment Schedule for Marachi B Group
Repayment Schedule for Marachi B Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| June 2009 | $129.36 | $129.36 |  Repayment Received
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| July 2009 | $215.60 | $215.65 | Repayment Received
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| August 2009 | $172.48 | $172.52 | Repayment Received
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| September 2009 | $215.60 | $215.65 | Repayment Received
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| October 2009 | $172.48 | $172.34 | Repayment Received
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| November 2009 | $172.48 | $172.48 | Repayment Received
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| December 2009 | $215.60 | $215.60 | Repayment Received
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| January 2010 | $172.48 | Available Jan 1 | |||
| February 2010 | $172.48 | Available Feb 1 | |||
| March 2010 | $86.44 | Available Mar 1 | |||
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