Starch Factory B 2 Scovia Adyek Group
Status: Paying Back
| $750.00 | Loan Amount |
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0% repaid
About the Group
| Group Name: | Starch Factory B 2 Scovia Adyek Group |
|---|---|
| Group Members: |
Scovia Adyek Betty Adoi Betty Amony Sophia Owach |
| Location: | Lira, Uganda |
| Activity: | Used Clothing |
About the Loan
| Loan Amount: | $750.00 |
|---|---|
| Loan Use: | To purchase more used clothes to sell |
| Repayment Term: | 12 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Nov 4, 2009 |
| Date Disbursed: | Oct 28, 2009 |
| Date Funded: | Nov 4, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | BRAC Uganda |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 23 months |
| Kiva Entrepreneurs: | 8428 |
| Total Loans: | $2,317,800 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Uganda |
|---|---|
| Avg Annual Income: | $1,700.00 |
| Currency: | Uganda Shillings (UGX) |
| Exchange Rate: | 1,880.0000 UGX = 1 USD |
Scovia Adyek is twenty-three years old and is married with three children, all going to school. She also has three dependents of whom two are going to school.
Scovia runs a business selling secondhand clothes and has been doing this business for over eight years. She is using the loan to improve her business - that is, to purchase used clothes for sale. This will enable her pay her children’s school fees and also to raise her standard of living.
Scovia is a really courageous business lady whose hope is to purchase a plot of land.
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
Scovia runs a business selling secondhand clothes and has been doing this business for over eight years. She is using the loan to improve her business - that is, to purchase used clothes for sale. This will enable her pay her children’s school fees and also to raise her standard of living.
Scovia is a really courageous business lady whose hope is to purchase a plot of land.
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 Starch Factory B 2 Scovia Adyek Group
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Loan has been disbursed
Location: Lira, Uganda
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Posted by
from Lira, Uganda
Nov 5, 2009 |
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Comment on this entry
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Repayment Schedule for Starch Factory B 2 Scovia Adyek Group
Repayment Schedule for Starch Factory B 2 Scovia Adyek Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $75.00 | Available Jan 1 | |||
| February 2010 | $93.75 | Available Feb 1 | |||
| March 2010 | $75.00 | Available Mar 1 | |||
| April 2010 | $75.00 | Available Apr 1 | |||
| May 2010 | $93.75 | Available May 1 | |||
| June 2010 | $75.00 | Available Jun 1 | |||
| July 2010 | $75.00 | Available Jul 1 | |||
| August 2010 | $93.75 | Available Aug 1 | |||
| September 2010 | $75.00 | Available Sep 1 | |||
| October 2010 | $18.75 | Available Oct 1 | |||
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