Katuma B Rukudo Jolly Group


Status: Paying Back

$975.00   Loan Amount
62% repaid

About the Group

Group Name: Katuma B Rukudo Jolly Group
Group Members: Jolly Rukudo
Haleluya Kamatach
Josilyn Komushana
Rosemary Nyakahoza
Bonicosill Kyomuhangye
Zaituni Namusago
Location: Ibanda, Uganda
Activity: Used Clothing

About the Loan

Loan Amount: $975.00
Loan Use: To purchase more inventory of used clothing.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 14, 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



Jolly Rukudo is 36 years old and married with three children. She also cares for two dependents. All the children are attending school.



Jolly has been selling used clothes for over ten years. She is requesting a loan to purchase more used clothes to increase her stock. She is an active woman whose dream is to enlarge her business.





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 Katuma B Rukudo Jolly Group


Loan has been disbursed
 
Entrepreneur: Katuma B Rukudo Jolly Group
Location: Ibanda, Uganda

Thank you for your loan. It has been disbursed to Katuma B Rukudo Jolly Group, consisting of Jolly Rukudo, Haleluya Kamatach, Josilyn Komushana , Rosemary Nyakahoza , Bonicosill Kyomuhangye , Zaituni Namusago 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 Katuma B Rukudo Jolly Group

  Expected Repayments Actual Repayments Comments
July 2009 $73.14 $73.14 Repayment Received
August 2009 $97.52 $97.52 Repayment Received
September 2009 $121.90 $121.90 Repayment Received
October 2009 $97.52 $97.52 Repayment Received
November 2009 $97.52 $97.52 Repayment Received
December 2009 $121.90 $121.90 Repayment Received
January 2010 $97.52 Available Jan 1  
February 2010 $121.90 Available Feb 1  
March 2010 $97.52 Available Mar 1  
April 2010 $48.56 Available Apr 1