Nakalama C 1 North Kwayidi Alaisa Group


Status: Paying Back

$1,625.00   Loan Amount
32% repaid

About the Group

Group Name: Nakalama C 1 North Kwayidi Alaisa Group
Group Members: Alaisa Kwayidi
Yayeli Nakwaga
Hadija Mwajje
Jane Namaganda
Madina Nakisuyi
Jalilah Kubonaku
Location: Iganga, Uganda
Activity: Soft Drinks

About the Loan

Loan Amount: $1,625.00
Loan Use: To purchase soft drinks for resale
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 8, 2009
Date Disbursed: Jul 31, 2009
Date Funded:Aug 24, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:2,060.0000 UGX = 1 USD



Alaisa Kwayidi is 45 years old. She is married with eight children, one of whom is going to school. Also, she is taking care of three dependents who are also schooling. She has a soft drinks business selling juice like splash, Safi, soda, fresh passion fruits, water and so forth. She is using the loan to purchase the soft drinks mentioned above for resale. She is operating this business to earn a living and moreso to educate her children. She is a hardworking businesswoman whose dream is to construct a house and 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 Nakalama C 1 North Kwayidi Alaisa Group


Loan has been disbursed
 
Entrepreneur: Nakalama C 1 North Kwayidi Alaisa Group
Location: Iganga, Uganda

Thank you for your loan. It has been disbursed to Nakalama C 1 North Kwayidi Alaisa Group, consisting of Alaisa Kwayidi , Yayeli Nakwaga , Hadija Mwajje , Jane Namaganda , Madina Nakisuyi, Jalilah Kubonaku 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 Iganga, Uganda
Aug 25, 2009
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Kiva Help Repayment Schedule for Nakalama C 1 North Kwayidi Alaisa Group

  Expected Repayments Actual Repayments Comments
October 2009 $162.50 $162.50 Repayment Received
November 2009 $162.50 $162.50 Repayment Received
December 2009 $203.13 $203.13 Repayment Received
January 2010 $162.50 Available Jan 1  
February 2010 $162.50 Available Feb 1  
March 2010 $203.12 Available Mar 1  
April 2010 $162.50 Available Apr 1  
May 2010 $162.50 Available May 1  
June 2010 $203.13 Available Jun 1  
July 2010 $40.62 Available Jul 1