Kasokoso Central 1 West Nadego Regina Group


Status: Paying Back

$2,900.00   Loan Amount
32% repaid

About the Group

Group Name: Kasokoso Central 1 West Nadego Regina Group
Group Members: Regina Nadego
Justine Mulya
Jenate Nakimera
Zainabu Namugere
Dorothy Mulokolo
Aida Nabwire
Doreen Babirye
Jowali Hajjat
Location: Iganga, Uganda
Activity: Tailoring

About the Loan

Loan Amount: $2,900.00
Loan Use: To purchase material and other supplies for making clothes.
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 13, 2009
Date Disbursed: Jul 29, 2009
Date Funded:Aug 20, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:2,050.0003 UGX = 1 USD



Regina Nadego is a hard-working business woman who has stayed in her business for over twenty years. She is a tailor who makes traditional clothing such as gomes and bitegi. She is using the loan to purchase material and other supplies for making clothes. She is forty-three years old and married, and she has six children, all of whom are in school. She is an experienced tailor who is trying to capture the market from most of the corners by making what is best for customers. Her future plan is to construct 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 Kasokoso Central 1 West Nadego Regina Group


Loan has been disbursed
 
Entrepreneur: Kasokoso Central 1 West Nadego Regina Group
Location: Iganga, Uganda

Thank you for your loan. It has been disbursed to Kasokoso Central 1 West Nadego Regina Group, consisting of Regina Nadego , Justine Mulya , Jenate Nakimera , Zainabu Namugere , Dorothy Mulokolo , Aida Nabwire , Doreen Babirye , Jowali Hajjat 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 21, 2009
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Kiva Help Repayment Schedule for Kasokoso Central 1 West Nadego Regina Group

  Expected Repayments Actual Repayments Comments
October 2009 $290.00 $290.00 Repayment Received
November 2009 $362.50 $362.50 Repayment Received
December 2009 $290.00 $290.00 Repayment Received
January 2010 $290.00 Available Jan 1  
February 2010 $362.50 Available Feb 1  
March 2010 $290.00 Available Mar 1  
April 2010 $290.00 Available Apr 1  
May 2010 $362.50 Available May 1  
June 2010 $290.00 Available Jun 1  
July 2010 $72.50 Available Jul 1