Senior Quarters 1 Acen Suzan Group


Status: Paying Back

$800.00   Loan Amount
0% repaid

About the Group

Group Name: Senior Quarters 1 Acen Suzan Group
Group Members: Suzan Acen
Ketty Auma
Catherine Apio
Rose Amongi
Location: Lira, Uganda
Activity: Retail

About the Loan

Loan Amount: $800.00
Loan Use: To purchase for her business soap, sugar, salt, match boxes, cooking oil, etc.
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 3, 2009
Date Disbursed: Oct 27, 2009
Date Funded:Nov 3, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,878.0008 UGX = 1 USD



Suzan Acen, a 39-year-old business lady, is a married mother of five children, all attending school, and also looks after two other dependents. She has operated a retail shop for the past five years, and is requesting a loan to purchase essentials including soap, sugar, salt, match boxes, and cooking oil in order to expand the business. Suzan is a hardworking lady whose dream is to obtain a piece of land in the town of Lira and construct a commercial house.



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 Senior Quarters 1 Acen Suzan Group


Loan has been disbursed
 
Entrepreneur: Senior Quarters 1 Acen Suzan Group
Location: Lira, Uganda

Thank you for your loan. It has been disbursed to Senior Quarters 1 Acen Suzan Group, consisting of Suzan Acen , Ketty Auma, Catherine Apio , Rose Amongi 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 Lira, Uganda
Nov 4, 2009
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Kiva Help Repayment Schedule for Senior Quarters 1 Acen Suzan Group

  Expected Repayments Actual Repayments Comments
January 2010 $80.00 Available Jan 1  
February 2010 $100.00 Available Feb 1  
March 2010 $80.00 Available Mar 1  
April 2010 $80.00 Available Apr 1  
May 2010 $100.00 Available May 1  
June 2010 $80.00 Available Jun 1  
July 2010 $80.00 Available Jul 1  
August 2010 $100.00 Available Aug 1  
September 2010 $80.00 Available Sep 1  
October 2010 $20.00 Available Oct 1