Patwe Central Atimango Florence Group


Status: Paying Back

$575.00   Loan Amount
25% repaid

About the Group

Group Name: Patwe Central Atimango Florence Group
Group Members: Florence Atimango
Beatrice Amia
Jacklyn Akumu
Eva Oroma
Grace Akong
Christine Ojera
Grace Angei
Rose Ochwi
Amilly Anyawo
Location: Pakwach, Uganda
Activity: Food Market

About the Loan

Loan Amount: $575.00
Loan Use: To purchase madasi ingredients such as wheat flour, cooking oil, baking powder, etc.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 24, 2009
Date Disbursed: Aug 18, 2009
Date Funded:Aug 24, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:2,075.0000 UGX = 1 USD



Atimango Florence is thirty-five years old, married with six children whom five are schooling. She is representing her group as well running a bakery business where she is baking madasi for sale and she has been in this business for over one year. She is using the loan to purchase madasi ingredients such as wheat flour, cooking oil, baking powder, etc. she is hoping for her business to expand. She is a hardworking business woman whose dream is to 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 Patwe Central Atimango Florence Group


Loan has been disbursed
 
Entrepreneur: Patwe Central Atimango Florence Group
Location: Pakwach, Uganda

Thank you for your loan. It has been disbursed to Patwe Central Atimango Florence Group, consisting of Florence Atimango , Beatrice Amia , Jacklyn Akumu , Eva Oroma, Grace Akong , Christine Ojera , Grace Angei , Rose Ochwi, Amilly Anyawo 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 Pakwach, Uganda
Aug 25, 2009
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Kiva Help Repayment Schedule for Patwe Central Atimango Florence Group

  Expected Repayments Actual Repayments Comments
October 2009 $14.38 $14.38 Repayment Received
November 2009 $71.87 $71.87 Repayment Received
December 2009 $57.50 $57.50 Repayment Received
January 2010 $57.50 Available Jan 1  
February 2010 $71.88 Available Feb 1  
March 2010 $57.50 Available Mar 1  
April 2010 $57.50 Available Apr 1  
May 2010 $71.87 Available May 1  
June 2010 $57.50 Available Jun 1  
July 2010 $57.50 Available Jul 1