Vanesio Byaruhanga's Group


Status: Paying Back

$2,500.00   Loan Amount
0% repaid

About the Group

Group Name: Vanesio Byaruhanga's Group
Group Members: Vanesio Byaruhanga
Edson Mulinzi
Bernard Twikirize
Michael Mukundane
Silver Muhanguzi
Naboth Mbareba
Fred Byamukama
Zephania Harema
Herbert Byaruhanga
Sylivia Nabuyinda
Eriya Mwebembezi
Location: Ibanda, Uganda
Activity: Food Market

About the Loan

Loan Amount: $2,500.00
Loan Use: To buy more produce to sell
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 21, 2009
Date Disbursed: Oct 14, 2009
Date Funded:Oct 23, 2009

About the Country

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



Byaruhanga Vanesio is the leader of his lending group in Ibanda. He is a nice person and loves what he does, in addition to wanting the best for others.

Vanesio is 30 years old and is a hardworking and determined man with a business he has had for two years selling produce in the town. Before this business, Vanesio was only a farmer but now he goes to the market himself to sell his produce. He also buys from other farmers when he has a deficit. He is good at handling his customers and this has helped him expand due to his many customers.

Vanesio needs a loan to help buy more produce for resale. He is grateful that the loans help him have a variety to sell. He hopes to have a happy and healthy family in future so that his children can be self-reliant.




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

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Toubi
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john
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Kieran
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Tony
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Alex & Caroline
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Patrick & Irene
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Stella
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Catherine
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Anonymous
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Karin
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JTS
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Sheryl
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peter
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Bradley
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Prasad
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Aviva and David
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Scott & Chérie
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Marla
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Kirk Ireson

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Cory
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Al
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Howard & Jillian
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Laurent D
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Michael
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Tim Schroeder
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Barbara
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Daniel

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Jeffery
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James McGovern
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Guido
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Jeff
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Doug Kyle
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Eugenia
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Anonymous
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John
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Mary
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Jerry
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Sheila
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Sealy
brooklyn, NY
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Srivatsan Hari
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ALFREDO
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Elizabeth
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Elizabeth & John
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Harriet
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Rich
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Journal entries for Vanesio Byaruhanga's Group


Loan has been disbursed
 
Entrepreneur: Vanesio Byaruhanga's Group
Location: Ibanda, Uganda

Thank you for your loan. It has been disbursed to Vanesio Byaruhanga's Group, consisting of Vanesio Byaruhanga, Edson Mulinzi, Bernard Twikirize, Michael Mukundane, Silver Muhanguzi, Naboth Mbareba, Fred Byamukama, Zephania Harema, Herbert Byaruhanga, Sylivia Nabuyinda, Eriya Mwebembezi 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 Ibanda, Uganda
Oct 24, 2009
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Kiva Help Repayment Schedule for Vanesio Byaruhanga's Group

  Expected Repayments Actual Repayments Comments
January 2010 $714.29 Available Jan 1  
February 2010 $714.28 Available Feb 1  
March 2010 $714.29 Available Mar 1  
April 2010 $357.14 Available Apr 1