Kasambya 1 Namudu Sissy Group


Status: Paying Back

$425.00   Loan Amount
42% repaid

About the Group

Group Name: Kasambya 1 Namudu Sissy Group
Group Members: Sissy Namudu
Prisca Nabitego
Vivian Nakibuga
Annet Ayebale
Mary Nakiwala
Location: Kyotera, Uganda
Activity: Party Supplies

About the Loan

Loan Amount: $425.00
Loan Use: For changing designs, purchase of flowers for party business.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 7, 2009
Date Disbursed: Jul 2, 2009
Date Funded:Jul 9, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:2,120.0000 UGX = 1 USD



Namudu Sissy is a forty-eight year old, single, mother of nine children. She also looks after four dependents. Ms. Namudu has been decorating functions with dressings, braid and so forth for fifteen years. She will use the loan to add capital to her business. To develop her business with the changing of designs, purchasing flowers, flower stands, nets and so forth. Others are also encouraged by Ms. Namudu's business. She is a hardworking businesswoman whose dream is to prosper in whatever she is trying to do.



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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Lenders to this group

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jan and chris
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Kathryn
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Daniel
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Ben
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Sharon
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Anonymous
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Journal entries for Kasambya 1 Namudu Sissy Group


Loan has been disbursed
 
Entrepreneur: Kasambya 1 Namudu Sissy Group
Location: Kyotera, Uganda

Thank you for your loan. It has been disbursed to Kasambya 1 Namudu Sissy Group, consisting of Sissy Namudu , Prisca Nabitego , Vivian Nakibuga , Annet Ayebale , Mary Nakiwala 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 Kyotera, Uganda
Jul 10, 2009
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Kiva Help Repayment Schedule for Kasambya 1 Namudu Sissy Group

  Expected Repayments Actual Repayments Comments
September 2009 $42.52 $42.52 Repayment Received
October 2009 $42.52 $42.52 Repayment Received
November 2009 $42.52 $42.52 Repayment Received
December 2009 $53.15 $53.15 Repayment Received
January 2010 $42.52 Available Jan 1  
February 2010 $53.15 Available Feb 1  
March 2010 $42.52 Available Mar 1  
April 2010 $42.52 Available Apr 1  
May 2010 $42.52 Available May 1  
June 2010 $21.06 Available Jun 1