Bulubandi North Zaina Kagoya Group


Status: Paying Back

$1,400.00   Loan Amount
30% repaid

About the Group

Group Name: Bulubandi North Zaina Kagoya Group
Group Members: Zaina Kagoya
Katrina Nagobi
Marion Nankwaga
Joy Muzira
Joyce Namukwana
Location: Iganga, Uganda
Activity: Food Market

About the Loan

Loan Amount: $1,400.00
Loan Use: To purchase matooke from deep villages
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 14, 2009
Date Disbursed: Aug 6, 2009
Date Funded:Aug 18, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:2,088.0000 UGX = 1 USD



Zaina Kagoya is thirty-five years old and she is representing her group. She is a married lady who is blessed with five children of whom three are going to school. She works very hard to educate her children.

Zaina has a business dealing in matooke (bananas) which she has been operating for over five years. She is using the loan to purchase matooke from deep villages to bring to town to sell.




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 Bulubandi North Zaina Kagoya Group


Loan has been disbursed
 
Entrepreneur: Bulubandi North Zaina Kagoya Group
Location: Iganga, Uganda

Thank you for your loan. It has been disbursed to Bulubandi North Zaina Kagoya Group, consisting of Zaina Kagoya, Katrina Nagobi , Marion Nankwaga , Joy Muzira , Joyce Namukwana 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 19, 2009
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Kiva Help Repayment Schedule for Bulubandi North Zaina Kagoya Group

  Expected Repayments Actual Repayments Comments
October 2009 $105.00 $105.00 Repayment Received
November 2009 $140.00 $140.00 Repayment Received
December 2009 $175.00 $175.00 Repayment Received
January 2010 $140.00 Available Jan 1  
February 2010 $175.00 Available Feb 1  
March 2010 $140.00 Available Mar 1  
April 2010 $140.00 Available Apr 1  
May 2010 $140.00 Available May 1  
June 2010 $175.00 Available Jun 1  
July 2010 $70.00 Available Jul 1