Sylvia Nassuna's Group


Status: Paying Back

$275.00   Loan Amount
20% repaid

About the Group

Group Name: Sylvia Nassuna's Group
Group Members: Sylvia Nassuna
Mary Neumbe
Aisha Nakawooya
Fatuma Nakato
Susan Nabukenya
Location: Kampala, Uganda
Activity: Poultry

About the Loan

Loan Amount: $275.00
Loan Use: To buy more chicken feeds
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 28, 2009
Date Disbursed: Sep 21, 2009
Date Funded:Sep 28, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,922.5000 UGX = 1 USD



Sylvia is a 32 married with three children aged 7 months and 10 years. Her children go to school .She takes care of additional family members. Sylvia resides and rents a one roomed house where she is staying with four people. There is no electricity and piped water at home The family gets three meals a day. She resides and works in semi urban area which in the outskirts of Kampala in Lugala Masanafu zone. Sylivia works seven days a week. She buys her cream relaxers and cosmetics from kampala city shops in Kikuubo one of the busiest places in kampala city and incurs extra transport costs to and from shopping. She doesn’t pay rent as she rears from her home She works upon all categories of people Sylvia has been in this business for nine years and with MCDT for one week, servicing her first loan, working with the same group mates. She wants to use this loan to buy morecream relaxers and cosmetics. Sylivia is aspiring of seeing her business grow bigger and start a bridal salon.









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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Lenders to this group

Cecilia & Siggi
Düsseldorf,
Germany

patty
lake tapps, WA
United States

Anonymous
Tallahassee, FL
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Lydia
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John
Minneapolis, MN
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Martin
Saltsjö-Duvnäs,
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Anonymous

Victor
San Jose, CA
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Anonymous
O Fallon, IL
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David
Renner, SD
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Journal entries for Sylvia Nassuna's Group


Loan has been disbursed
 
Entrepreneur: Sylvia Nassuna's Group
Location: Kampala, Uganda

Thank you for your loan. It has been disbursed to Sylvia Nassuna's Group, consisting of Sylvia Nassuna, Mary Neumbe, Aisha Nakawooya , Fatuma Nakato , Susan Nabukenya by Micro Credit for Development and Transformation SACCO (MCDT SACCO) in Uganda. We are excited to watch this business grow. Over the 5 months of this loan, Micro Credit for Development and Transformation SACCO (MCDT SACCO) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kampala, Uganda
Sep 29, 2009
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Kiva Help Repayment Schedule for Sylvia Nassuna's Group

  Expected Repayments Actual Repayments Comments
November 2009 $11.46 $11.46 Repayment Received
December 2009 $45.83 $45.83 Repayment Received
January 2010 $57.29 Available Jan 1  
February 2010 $45.84 Available Feb 1  
March 2010 $45.83 Available Mar 1  
April 2010 $45.83 Available Apr 1  
May 2010 $22.92 Available May 1