Kabata North Akurut Florence Group


Status: Paying Back

$650.00   Loan Amount
52% repaid

About the Group

Group Name: Kabata North Akurut Florence Group
Group Members: Florence Akurut
Florence Alungut
Christine Yamat
Makulata Adeke
Grace Adeke
Joyce Achan
Location: Kumi, Uganda
Activity: Manufacturing

About the Loan

Loan Amount: $650.00
Loan Use: To purchase millet flour, yeast, etc for local brewing
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 13, 2009

About the Country

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



Akurut Florence is forty-seven years old and married with seven children, who are all in school. She has three additional dependents under her care, and they are also in school. She deals in the production of local brew, and she has been in this business for over ten years. Florence is using the loan to purchase millet flour, yeast, and other necessary ingredients for local brewing, with the hope of improving her business size and profits. She is active and hard working, and she loves encouraging others to work hard. Her future plan is to expand 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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glenn
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Peter
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Ali
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griselda

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Emmy
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david
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James
Mackay, Queensland
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K.S.
Basel,
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Manabu
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Bruce & Ana
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Abdulah
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Journal entries for Kabata North Akurut Florence Group


Loan has been disbursed
 
Entrepreneur: Kabata North Akurut Florence Group
Location: Kumi, Uganda

Thank you for your loan. It has been disbursed to Kabata North Akurut Florence Group, consisting of Florence Akurut , Florence Alungut , Christine Yamat , Makulata Adeke, Grace Adeke, Joyce Achan 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 14, 2009
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Kiva Help Repayment Schedule for Kabata North Akurut Florence Group

  Expected Repayments Actual Repayments Comments
August 2009 $48.75 $48.75 Repayment Received
September 2009 $81.25 $81.25 Repayment Received
October 2009 $65.00 $65.00 Repayment Received
November 2009 $65.00 $65.00 Repayment Received
December 2009 $81.25 $81.25 Repayment Received
January 2010 $65.00 Available Jan 1  
February 2010 $65.00 Available Feb 1  
March 2010 $81.25 Available Mar 1  
April 2010 $65.00 Available Apr 1  
May 2010 $32.50 Available May 1