Luzira Posta Namuli Annet Group


Status: Paying Back

$750.00   Loan Amount
70% repaid

About the Group

Group Name: Luzira Posta Namuli Annet Group
Group Members: Annet Namuli
Jesca Mbabazi
Loy Makabayi
Zaina Nalumu
Julian Nabitaka
Sylvia Kawela
Location: Kitintale, Uganda
Activity: Clothing Sales

About the Loan

Loan Amount: $750.00
Loan Use: To buy more new and used clothes for her boutique
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 18, 2009
Date Disbursed: Apr 14, 2009
Date Funded:Apr 18, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:2,160.0000 UGX = 1 USD



Ms. Namuli Annet is a single mother, 36 years old, with 3 children: two boys and one girl aged 20, 17, and 14 years respectively. They are all going to school.


She has been running a boutique (trousers, shirts, skirts, blouses, jeans, suits, dresses) for over four years. She is using the loan to purchase more new and used clothes to enlarge her boutique business. She dreams of constructing rental houses.



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 Luzira Posta Namuli Annet Group


Loan has been disbursed
 
Entrepreneur: Luzira Posta Namuli Annet Group
Location: Kitintale, Uganda

Thank you for your loan. It has been disbursed to Luzira Posta Namuli Annet Group, consisting of Annet Namuli, Jesca Mbabazi , Loy Makabayi , Zaina Nalumu, Julian Nabitaka , Sylvia Kawela by BRAC Uganda in Uganda. We are excited to watch this business grow. Over the 9 months of this loan, BRAC Uganda will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kitintale, Uganda
Apr 19, 2009
Comments (1)

Kiva Help Repayment Schedule for Luzira Posta Namuli Annet Group

  Expected Repayments Actual Repayments Comments
June 2009 $37.50 $37.50 Repayment Received
July 2009 $75.00 $75.00 Repayment Received
August 2009 $93.75 $93.75 Repayment Received
September 2009 $75.00 $75.00 Repayment Received
October 2009 $75.00 $75.00 Repayment Received
November 2009 $93.75 $93.75 Repayment Received
December 2009 $75.00 $75.00 Repayment Received
January 2010 $75.00 Available Jan 1  
February 2010 $93.75 Available Feb 1  
March 2010 $56.25 Available Mar 1