Catherine Birungi 's Group


Status: Paid Back

$925.00   Loan Request
$925.00   Paid Back

About the Group

Group Name: Catherine Birungi 's Group
Group Members: Catherine Birungi
Victo Gwokyalya
Angella Mbabazi
Norah Semugera
Location: Kampala, Uganda
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $925.00
Loan Use: To buy boxes of tomatoes
Repayment Term: 5 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 24, 2009
Date Disbursed: Apr 1, 2009
Date Funded:Apr 24, 2009
Loan Ended:Aug 15, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:2,190.0000 UGX = 1 USD



Catherine is twenty-five years old and married with one nine-year-old child. She rents a one-room house with her family. She doesn’t have access to electricity or piped water. She always gets three meals a day. Catherine has a stall, and that is how she makes a living. She rents her stall at $9.25 a month and gets about twenty customers a day. She buys her produce from Nakawa market and works seven days a week. She has worked at this business for three years now. Prior to this she was frying edibles. This is her seventh loan since she joined MCDT, a Kiva field partner, and has been with them for four years, working with the same group members. Catherine wants to use this loan to buy boxes of tomatoes and also to start buying directly from farmers. She hopes to build a house from her savings.









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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Lenders to this group

Jackdaddy
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Raymund and Lanie
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Elizabeth
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Dave@Sharon
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Jane
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Luc
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Anonymous
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David
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Exsila AG
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kristine
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Patricia
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Stone Road
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Sig
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Matthew
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Tom
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Ken & Sandy
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Marianne
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David
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Journal entries for Catherine Birungi 's Group


Loan has been disbursed
 
Entrepreneur: Catherine Birungi 's Group
Location: Kampala, Uganda

Thank you for your loan. It has been disbursed to Catherine Birungi 's group, consisting of Catherine Birungi, Victo Gwokyalya , Angella Mbabazi, Norah Semugera by Micro Credit for Development and Transformation SACCO (MCDT SACCO) in Uganda. We are excited to watch this business grow. Over the 3 months of this loan, Micro Credit for Development and Transformation SACCO (MCDT SACCO) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kampala, Uganda
Apr 25, 2009
Comments (3)

Kiva Help Repayment Schedule for Catherine Birungi 's Group

  Expected Repayments Actual Repayments Comments
June 2009 $231.24 $222.23 Repayment Received
July 2009 $231.24 $0.00 Repayment Received
August 2009 $231.24 $0.00 Repayment Received
September 2009 $231.28 $702.77 Repayment Received