Bisanje 1 Nanyonyi Makilina Group


Status: Paying Back

$850.00   Loan Amount
42% repaid

About the Group

Group Name: Bisanje 1 Nanyonyi Makilina Group
Group Members: Makilina Nanyonyi
Stella Namatovu
Edith Namayaja
Rose Namuli
Molly Nasikombi
Rebecca Namatovu
Mary Namutebi
Location: Masaka, Uganda
Activity: Sewing

About the Loan

Loan Amount: $850.00
Loan Use: To purchase material for making dresses, trousers, uniforms, etc to sell.
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 6, 2009
Date Disbursed: Jun 30, 2009
Date Funded:Jul 6, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:2,083.0000 UGX = 1 USD



Nanyonyi Makilina is forty-five years old, married and has four children. She also looks after two additional dependents. These two and her own four children are all going to school. She is a tailor and she has been in her business for 15 years. She is using the loan to purchase material to make dresses, trousers, uniforms, etc. that she then sells. She is a hardworking businesswoman and her hope for the future is to educate her children.



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 Bisanje 1 Nanyonyi Makilina Group


Loan has been disbursed
 
Entrepreneur: Bisanje 1 Nanyonyi Makilina Group
Location: Masaka, Uganda

Thank you for your loan. It has been disbursed to Bisanje 1 Nanyonyi Makilina Group, consisting of Makilina Nanyonyi , Stella Namatovu , Edith Namayaja , Rose Namuli, Molly Nasikombi , Rebecca Namatovu , Mary Namutebi 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 Masaka, Uganda
Jul 7, 2009
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Kiva Help Repayment Schedule for Bisanje 1 Nanyonyi Makilina Group

  Expected Repayments Actual Repayments Comments
September 2009 $85.00 $85.00 Repayment Received
October 2009 $85.00 $85.00 Repayment Received
November 2009 $106.25 $106.25 Repayment Received
December 2009 $85.00 $85.00 Repayment Received
January 2010 $85.00 Available Jan 1  
February 2010 $106.25 Available Feb 1  
March 2010 $85.00 Available Mar 1  
April 2010 $85.00 Available Apr 1  
May 2010 $106.25 Available May 1  
June 2010 $21.25 Available Jun 1