Retsy Kayondo


Status: Paying Back

$275.00   Loan Amount
8% repaid

About the Entrepreneur

Name: Retsy Kayondo
Location: Kampala, Uganda
Activity: Paper Sales

About the Loan

Loan Amount: $275.00
Loan Use: purchasing more newspapers and magazines
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 18, 2009
Date Disbursed: Oct 16, 2009
Date Funded:Oct 18, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,895.0000 UGX = 1 USD



Resty is a 45 year old single mother of 2 children between 8 and 20 years old. All of her children go to school. She resides and owns a four room house where she is staying with seven people. The family has access to electricity and running water at home. She works in a semi-urban area in the outskirts of Kampala. To get to and from this area, she uses public transportation.

Resty sells to all categories of people and works seven days a week. Resty's monthly expenses include medication, feeding the family and school fees. Resty has been with MCDT for ten years; this is her twentieth loan She wants to use this loan to buy more newspapers and magazines; she aspires to be a newspaper agent in her area.


















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Journal entries for Retsy Kayondo


Loan has been disbursed
 
Entrepreneur: Retsy Kayondo
Location: Kampala, Uganda

Thank you for your loan. It has been disbursed to Retsy Kayondo 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
Oct 19, 2009
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Kiva Help Repayment Schedule for Retsy Kayondo

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