Lozio Mabanzo's Group


Status: Paying Back

$4,800.00   Loan Amount
12% repaid

About the Group

Group Name: Lozio Mabanzo's Group
Group Members: Lozio Mabanzo
Karim Mukanika
Judith Kampiire
Charles Kawunde
Yudaya Nagujja
Steven Maligisi
Martin Mulumba
Harriet Odoi
Paul Mukasa
Allen Nakiryowa
Gorret Namuwolobi
Sulaiman Jumba
Henry Musoke
Location: Lugazi, Uganda
Activity: Tailoring

About the Loan

Loan Amount: $4,800.00
Loan Use: To buy material to make new clothes.
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 19, 2009
Date Disbursed: Oct 12, 2009
Date Funded:Oct 24, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,890.0000 UGX = 1 USD



Mabanzo Lozio is a friendly, hard working and determined married man and the leader of his lending group in Lugazi. He is a businessman in the tailoring trade. He has been in this business for 10 years. One of the major challenges in his business is the seasonality of his business, leading to the scarcity of customers yet the needs keep coming in. Lozio makes 250,000/= profit a week and this helps him pay school fees and cater to other family needs in time. Because Lozio is able to have quality materials for his business, he has been able to acquire tenders like making uniforms for schools and for other functions. He wishes to expand his business further and, if possible, start a tailoring school and teach more people the same trade. Lozio needs a loan to help buy more material to make new clothes.



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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Jill
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CrimeUK
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Joey
Los Angeles, CA
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vikram
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Giovanni Cataldi
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Milano, Milano
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Tim
Köln,
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Berlin,
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Laurent D
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San Jose, CA
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Singapore, Singapore
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jehan
La Hulpe,
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EditMe, LLC
Maynard, MA
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Mark
Boise, ID
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Alan McGee
Brooklyn, NY
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Anonymous
Banchory, Aberdeenshire
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Kirk
Tyler, TX
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Anonymous
Boise, ID
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William
Washington, DC
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Frank
Denver, Colorado
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Dave
Mobile, AL
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Jake
Swavesey, Cambs
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Portland, OR
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New York, NY
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Tempe, AZ
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Tiburon, CA
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Papillion, NE
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Lenoir, NC
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Norman, OK
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Atlanta, GA
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Perth, Western Australia
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Shaw
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Joe
Bucyrus, OH
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Hallandale, FL
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Fairbanks, AK
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Arlington, VA
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Kirk Ireson

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Cory
Edmonton, Alberta
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JRS
Grapevine, TX
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Anonymous
Tampere,
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James McGovern
Bloomfield, CT
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Adele
Seaford, East Sussex
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Channing
San Antonio, TX
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Loughnane family
Victoria, British Columbia
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Tim Schroeder
Columbus, OH
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Kevin
Sunnyvale, CA
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Kevin
San Clemente, CA
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Yam Yamz
sylvania, GA
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Howard & Jillian
Vence,
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Gary
Honolulu, HI
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Agents for Home Buyers
Boulder, CO
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Doug Kyle
Edmonton, Alberta
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Rita
Bangor, ME
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Garry
Wilmington, DE
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Phil & Jean
Honolulu, HI
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Sugar Land, TX
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Fairport, NY
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Richmond, VA
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Inman, SC
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Charlotte, NC
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Farmington, MN
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New York, NY
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Berkeley, CA
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Holly
El Segundo, CA
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Tzping&Chwenru
Yong-he, Taipei County,
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Margrete
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Journal entries for Lozio Mabanzo's Group


Loan has been disbursed
 
Entrepreneur: Lozio Mabanzo's Group
Location: Lugazi, Uganda

Thank you for your loan. It has been disbursed to Lozio Mabanzo's Group, consisting of Lozio Mabanzo, Karim Mukanika, Judith Kampiire, Charles Kawunde, Yudaya Nagujja, Steven Maligisi, Martin Mulumba, Harriet Odoi, Paul Mukasa, Allen Nakiryowa, Gorret Namuwolobi, Sulaiman Jumba, Henry Musoke by Pearl Microfinance Limited in Uganda. We are excited to watch this business grow. Over the 3 months of this loan, Pearl Microfinance Limited will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Lugazi, Uganda
Oct 25, 2009
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Kiva Help Repayment Schedule for Lozio Mabanzo's Group

  Expected Repayments Actual Repayments Comments
December 2009 $600.00 $600.00 Repayment Received
January 2010 $1,200.00 Available Jan 1  
February 2010 $1,500.00 Available Feb 1  
March 2010 $1,200.00 Available Mar 1  
April 2010 $300.00 Available Apr 1