Katoma Mercy Kobusigye Nzera Group


Status: Paying Back

$1,325.00   Loan Amount
62% repaid

About the Group

Group Name: Katoma Mercy Kobusigye Nzera Group
Group Members: Nzera Kobusigye
Jaclyn Saturday
Harriet Nagadia
Mary Mbaare
Monica Nisime
Lillian Nkabyebwa
Mary Natuguda (not pictured)
Location: Ibanda, Uganda
Activity: Grocery Store

About the Loan

Loan Amount: $1,325.00
Loan Use: To purchase grocery items for re-sale such as sweet bananas, etc.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 13, 2009
Date Disbursed: May 7, 2009
Date Funded:May 20, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:2,210.5000 UGX = 1 USD



Kobusigye Nzera is 45, married with 5 kids and 5 dependents, all schooling. She has been operating her grocery (sweet bananas, tomatoes, onions, etc) for over 10 years. She is using the loan to purchase grocery items such as sweet bananas, tomatoes, onions, etc. Her dream is to purchase a motorcycle to be generating daily income for her.





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 Katoma Mercy Kobusigye Nzera Group


Loan has been disbursed
 
Entrepreneur: Katoma Mercy Kobusigye Nzera Group
Location: Ibanda, Uganda

Thank you for your loan. It has been disbursed to Katoma Mercy Kobusigye Nzera Group, consisting of Nzera Kobusigye, Jaclyn Saturday, Harriet Nagadia , Mary Mbaare, Monica Nisime , Lillian Nkabyebwa, Mary Natuguda 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 Ibanda, Uganda
May 21, 2009
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Kiva Help Repayment Schedule for Katoma Mercy Kobusigye Nzera Group

  Expected Repayments Actual Repayments Comments
July 2009 $99.36 $99.39 Repayment Received
August 2009 $132.48 $132.52 Repayment Received
September 2009 $165.60 $165.65 Repayment Received
October 2009 $132.48 $132.36 Repayment Received
November 2009 $132.48 $132.48 Repayment Received
December 2009 $165.60 $165.60 Repayment Received
January 2010 $132.48 Available Jan 1  
February 2010 $165.60 Available Feb 1  
March 2010 $132.48 Available Mar 1  
April 2010 $66.44 Available Apr 1