Aminedeke Peduni Betty Group


Status: Paying Back

$450.00   Loan Amount
52% repaid

About the Group

Group Name: Aminedeke Peduni Betty Group
Group Members: Betty Peduni
Cossy Ankacho
Agnes Achira
Helen Akello
Idupa Alukeresia
Immaculate Ileja
Location: Soroti, Uganda
Activity: Pub

About the Loan

Loan Amount: $450.00
Loan Use: To purchase millet and yeast for brewing
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 10, 2009
Date Disbursed: Jun 2, 2009
Date Funded:Jun 15, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:2,170.0000 UGX = 1 USD



Betty Peduni is 28-years old, married, and has four children. One of her children goes to school; the others are still too young.

Betty has had a business selling local brew for the past 10 years. She will use this loan to purchase millet and yeast for brewing. Previous loans have improved her business and she has been able to obtain a pig and a goat. Now she is not in hardship like she used to be.

Betty is an active member of her community where people are encouraging one another to form small groups for development. Her plan for the future is to buy a cow.





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 Aminedeke Peduni Betty Group


Loan has been disbursed
 
Entrepreneur: Aminedeke Peduni Betty Group
Location: Soroti, Uganda

Thank you for your loan. It has been disbursed to Aminedeke Peduni Betty Group, consisting of Betty Peduni, Cossy Ankacho, Agnes Achira, Helen Akello , Idupa Alukeresia , Immaculate Ileja 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 Soroti, Uganda
Jun 15, 2009
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Kiva Help Repayment Schedule for Aminedeke Peduni Betty Group

  Expected Repayments Actual Repayments Comments
August 2009 $45.00 $45.00 Repayment Received
September 2009 $45.00 $45.00 Repayment Received
October 2009 $45.00 $45.00 Repayment Received
November 2009 $56.25 $56.25 Repayment Received
December 2009 $45.00 $45.00 Repayment Received
January 2010 $45.00 Available Jan 1  
February 2010 $56.25 Available Feb 1  
March 2010 $45.00 Available Mar 1  
April 2010 $45.00 Available Apr 1  
May 2010 $22.50 Available May 1