Busulwa East Nabawesa Dorothy Group


Status: Paying Back

$525.00   Loan Amount
37% repaid

About the Group

Group Name: Busulwa East Nabawesa Dorothy Group
Group Members: Dorothy Nabawesa
Easter Nalubega
Justine Naiga
Magret Osinde
Dimity Nakanyike
Location: Wobulenzi, Uganda
Activity: Beauty Salon

About the Loan

Loan Amount: $525.00
Loan Use: purchasing salon items
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 20, 2009
Date Disbursed: Jul 14, 2009
Date Funded:Jul 22, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:2,097.5000 UGX = 1 USD



Nabawesa Dorothy is a married business lady aged thirty-nine and blessed with five children, all schooling. She has a salon she is been operating for over ten years. She is using the loan to purchase salon items such as hair products (food, relaxer, treatments, combs, etc.) and other salon equipment she was missing. Her salon business is improving in that community members are encouraged to do something by observing what she is doing. Being a hard-working lady, her future hope is to build a 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

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Journal entries for Busulwa East Nabawesa Dorothy Group


Loan has been disbursed
 
Entrepreneur: Busulwa East Nabawesa Dorothy Group
Location: Wobulenzi, Uganda

Thank you for your loan. It has been disbursed to Busulwa East Nabawesa Dorothy Group, consisting of Dorothy Nabawesa , Easter Nalubega , Justine Naiga , Magret Osinde, Dimity Nakanyike 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 Wobulenzi, Uganda
Jul 23, 2009
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Kiva Help Repayment Schedule for Busulwa East Nabawesa Dorothy Group

  Expected Repayments Actual Repayments Comments
September 2009 $26.26 $26.26 Repayment Received
October 2009 $52.52 $52.52 Repayment Received
November 2009 $65.65 $65.65 Repayment Received
December 2009 $52.52 $52.52 Repayment Received
January 2010 $52.52 Available Jan 1  
February 2010 $65.65 Available Feb 1  
March 2010 $52.52 Available Mar 1  
April 2010 $52.52 Available Apr 1  
May 2010 $65.65 Available May 1  
June 2010 $39.19 Available Jun 1