Amejei C Alupo Lucy Group


Status: Paying Back

$600.00   Loan Amount
52% repaid

About the Group

Group Name: Amejei C Alupo Lucy Group
Group Members: Lucy Alupo
Anna Akia
Florence Aguti
Margret Akello
Helen Otilem
Location: Kumi, Uganda
Activity: Food Market

About the Loan

Loan Amount: $600.00
Loan Use: To purchase bags of groundnuts to increase the size of her business
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 11, 2009
Date Disbursed: Jun 5, 2009
Date Funded:Jun 11, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:2,185.0000 UGX = 1 USD



Alupo Lucy is 26 years old and is married with three children and looks after twenty dependents. She sells groundnuts (peanuts) and she has been in her business for three years.

She is using the loan to buy bags of groundnuts to increase the size of her business. She is a very hardworking lady and courageous. She hopes to prosper in her business and, in the long run, to purchase cows.




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 Amejei C Alupo Lucy Group


Loan has been disbursed
 
Entrepreneur: Amejei C Alupo Lucy Group
Location: Kumi, Uganda

Thank you for your loan. It has been disbursed to Amejei C Alupo Lucy Group, consisting of Lucy Alupo, Anna Akia , Florence Aguti , Margret Akello , Helen Otilem 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 Kumi, Uganda
Jun 12, 2009
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Kiva Help Repayment Schedule for Amejei C Alupo Lucy Group

  Expected Repayments Actual Repayments Comments
August 2009 $45.00 $45.00 Repayment Received
September 2009 $75.00 $75.00 Repayment Received
October 2009 $60.00 $60.00 Repayment Received
November 2009 $60.00 $60.00 Repayment Received
December 2009 $75.00 $75.00 Repayment Received
January 2010 $60.00 Available Jan 1  
February 2010 $60.00 Available Feb 1  
March 2010 $75.00 Available Mar 1  
April 2010 $60.00 Available Apr 1  
May 2010 $30.00 Available May 1