Anthony A Stamili Namusubo Group


Status: Paying Back

$2,250.00   Loan Amount
10% repaid

About the Group

Group Name: Anthony A Stamili Namusubo Group
Group Members: Stamili Namusubo
Sarah Matovu
Hadija Natenge
Sarah Nasali
Jane Namusoke
Harriet Nafuma
Alice Mbawadde
Miriam Kasonzi
Topista Nakasi
Location: Mukono, Uganda
Activity: Retail

About the Loan

Loan Amount: $2,250.00
Loan Use: To purchase tea ingredients such as tea leafs, coffee, tea masala, ginger, etc for sale to her customers.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 7, 2009
Date Disbursed: Oct 1, 2009
Date Funded:Oct 24, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,906.0000 UGX = 1 USD



Stamili Namusubo is the chair person of her group loan, she is married with forty-five years of age, blessed with nine children of whom four are schooling and she has five siblings schooling too. Stamili Namusubo has been operating her business of buying and selling tea ingredients for over six years. She is requesting for the loan to purchase tea ingredients such as tea leafs, coffee, tea masala, ginger, etc for sale to her customers. The tea ingredient she is selling makes tea taste good and admirable. She wishes to purchase in much volume at least more than 30 kilograms of each tea ingredients that will be improving upon her business. Her future plan is to work very hard 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 Anthony A Stamili Namusubo Group


Loan has been disbursed
 
Entrepreneur: Anthony A Stamili Namusubo Group
Location: Mukono, Uganda

Thank you for your loan. It has been disbursed to Anthony A Stamili Namusubo Group, consisting of Stamili Namusubo , Sarah Matovu, Hadija Natenge, Sarah Nasali , Jane Namusoke , Harriet Nafuma , Alice Mbawadde , Miriam Kasonzi , Topista Nakasi 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 Mukono, Uganda
Oct 25, 2009
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Kiva Help Repayment Schedule for Anthony A Stamili Namusubo Group

  Expected Repayments Actual Repayments Comments
December 2009 $225.00 $225.00 Repayment Received
January 2010 $225.00 Available Jan 1  
February 2010 $281.25 Available Feb 1  
March 2010 $225.00 Available Mar 1  
April 2010 $225.00 Available Apr 1  
May 2010 $225.00 Available May 1  
June 2010 $281.25 Available Jun 1  
July 2010 $225.00 Available Jul 1  
August 2010 $225.00 Available Aug 1  
September 2010 $112.50 Available Sep 1