Promise Masika Topista Group
Status: Paying Back
| $725.00 | Loan Amount |
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47% repaid
About the Group
| Group Name: | Promise Masika Topista Group |
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| Group Members: |
Topista Masika Lovise Kasimwe Madina Tumuhirwe Flavia Nafuna Georgina Bwesonja |
| Location: | Kasese, Uganda |
| Activity: | Retail |
About the Loan
| Loan Amount: | $725.00 |
|---|---|
| Loan Use: | To add capital and increase inventory of palm oil from Congo. |
| Repayment Term: | 11 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 26, 2009 |
| Date Disbursed: | Jun 18, 2009 |
| Date Funded: | Jun 28, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | BRAC Uganda |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 23 months |
| Kiva Entrepreneurs: | 8428 |
| Total Loans: | $2,317,800 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Uganda |
|---|---|
| Avg Annual Income: | $1,700.00 |
| Currency: | Uganda Shillings (UGX) |
| Exchange Rate: | 2,095.0000 UGX = 1 USD |
Masika Topista is a married business lady, aged 30-years, blessed with three children. The children all go to school. She has had a business of buying and selling palm oil for one year. She is using the loan to add capital and increase on her inventory of palm oil. She purchases the palm oil from Congo, to sell in Uganda. Masika Topista is an active lady whose dream is to construct a residential house.
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
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 Promise Masika Topista Group
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Loan has been disbursed
Location: Kasese, Uganda
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Posted by
from Kasese, Uganda
Jun 29, 2009 |
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Comment on this entry
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Repayment Schedule for Promise Masika Topista Group
Repayment Schedule for Promise Masika Topista Group
| Expected Repayments | Actual Repayments | Comments | |||
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| August 2009 | $18.13 | $18.13 |  Repayment Received
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| September 2009 | $90.65 | $90.65 | Repayment Received
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| October 2009 | $72.52 | $72.52 | Repayment Received
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| November 2009 | $72.52 | $72.52 | Repayment Received
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| December 2009 | $90.65 | $90.65 | Repayment Received
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| January 2010 | $72.52 | Available Jan 1 | |||
| February 2010 | $90.65 | Available Feb 1 | |||
| March 2010 | $72.52 | Available Mar 1 | |||
| April 2010 | $72.52 | Available Apr 1 | |||
| May 2010 | $72.32 | Available May 1 | |||
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