Luzira Posta Babirye Catherine Kitibwa Group


Status: Paying Back

$900.00   Loan Amount
70% repaid

About the Group

Group Name: Luzira Posta Babirye Catherine Kitibwa Group
Group Members: Catherine Babirye Kitibwa
Aisha Nakibira
Catherine Nabikolo
Betty Namande
Annet Wanamula
Grace Namuli
Josephine Nafuka
Location: Kitintale, Uganda
Activity: Clothing Sales

About the Loan

Loan Amount: $900.00
Loan Use: To sell airtime, timber, poles for building houses, boutique (shoes and clothes)
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 29, 2009
Date Disbursed: Apr 14, 2009
Date Funded:Apr 29, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:2,205.0000 UGX = 1 USD



Ms. Babirye Catherine Kitibwa is a single lady aged 34 years. She has two children, aged 13 and 9 years. Both her children go to school.

She requests to use this loan to sell airtime, timber, poles for building houses, and for her boutique which has shoes and clothes. She has been in the business for over 3 years. Her business had less capital but now it is increasing because of the loan. She likes to serve people in her community with food supplements, timber and building poles, and with the shoes and clothes in her boutique. She is active, hardworking and encouraging. Her dream is to help the needy.





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 Babirye Catherine Kitibwa Group


Loan has been disbursed
 
Entrepreneur: Luzira Posta Babirye Catherine Kitibwa Group
Location: Kitintale, Uganda

Thank you for your loan. It has been disbursed to Luzira Posta Babirye Catherine Kitibwa Group, consisting of Catherine Babirye Kitibwa, Aisha Nakibira, Catherine Nabikolo, Betty Namande, Annet Wanamula, Grace Namuli, Josephine Nafuka 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 30, 2009
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Kiva Help Repayment Schedule for Luzira Posta Babirye Catherine Kitibwa Group

  Expected Repayments Actual Repayments Comments
June 2009 $45.00 $44.98 Repayment Received
July 2009 $90.00 $90.00 Repayment Received
August 2009 $112.50 $112.50 Repayment Received
September 2009 $90.00 $90.02 Repayment Received
October 2009 $90.00 $90.00 Repayment Received
November 2009 $112.50 $112.50 Repayment Received
December 2009 $90.00 $90.00 Repayment Received
January 2010 $90.00 Available Jan 1  
February 2010 $112.50 Available Feb 1  
March 2010 $67.50 Available Mar 1