Barracks 2 Nakalebe Florence Group


Status: Paying Back

$1,900.00   Loan Amount
2% repaid

About the Group

Group Name: Barracks 2 Nakalebe Florence Group
Group Members: Florence Nakalebe
Annet Nakawese
Babra Wamala
Rose Mary Najemba
Joyce Kayanja
Eva Najja
Zakia Nakalema
Location: Makindye, Uganda
Activity: Charcoal Sales

About the Loan

Loan Amount: $1,900.00
Loan Use: To purchase bags of charcoal, at least over fifty, to add stock in her business
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 30, 2009
Date Disbursed: Oct 22, 2009
Date Funded:Oct 30, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,880.0000 UGX = 1 USD



Nakalema Florence is a hardworking businesswoman of forty-six years old. She is widowed with two children, and she has five school-age dependents. She deals in the charcoal business, and she has been in her business for four years. She is requesting this loan to purchase bags of charcoal, at least over fifty, to add stock in her business, which will also add capital to her business. She is a hardworking businesswoman whose dream is to complete her rental houses to enable her to manage her family well and educate the children (dependents).



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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Brandon
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susan
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Jess
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caroline
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Anonymous
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Thomas
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Ray
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John
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David
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C.J.
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Anya
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Tom
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Bret
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Felix
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Tim
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Brigitte
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Mary
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Marlaine
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Saundra J
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Tierney
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Clare
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Thor Olav
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John
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Susan
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Anonymous
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Stephen
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Casie
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Gerri
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Johnny Grace
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phillip carole
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thomas and liz
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Anonymous
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Journal entries for Barracks 2 Nakalebe Florence Group


Loan has been disbursed
 
Entrepreneur: Barracks 2 Nakalebe Florence Group
Location: Makindye, Uganda

Thank you for your loan. It has been disbursed to Barracks 2 Nakalebe Florence Group, consisting of Florence Nakalebe , Annet Nakawese, Babra Wamala , Rose Mary Najemba , Joyce Kayanja, Eva Najja , Zakia Nakalema 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 Makindye, Uganda
Oct 31, 2009
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Kiva Help Repayment Schedule for Barracks 2 Nakalebe Florence Group

  Expected Repayments Actual Repayments Comments
December 2009 $47.50 $47.50 Repayment Received
January 2010 $190.00 Available Jan 1  
February 2010 $237.50 Available Feb 1  
March 2010 $190.00 Available Mar 1  
April 2010 $190.00 Available Apr 1  
May 2010 $190.00 Available May 1  
June 2010 $237.50 Available Jun 1  
July 2010 $190.00 Available Jul 1  
August 2010 $190.00 Available Aug 1  
September 2010 $237.50 Available Sep 1