Ireda Agali 2 Okello Lucy Group


Status: Paying Back

$1,125.00   Loan Amount
0% repaid

About the Group

Group Name: Ireda Agali 2 Okello Lucy Group
Group Members: Lucy Okello
Kevin Oryema
Sandorina Amolo
Molly Anamu
Location: Lira, Uganda
Activity: Liquor Store / Off-License

About the Loan

Loan Amount: $1,125.00
Loan Use: to purchase local brewing ingredients such as maize flour, yeast, etc.
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 5, 2009
Date Disbursed: Oct 29, 2009
Date Funded:Nov 7, 2009

About the Country

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



Okello Lucy is forty-two years old, widowed and blessed with six children of whom, five are schooling. She operates a local brewing business which she has been running for ten years so far. She is requesting this loan to purchase local brewing ingredients such as maize flour, yeast, etc.. She is trying to improve her business to make more profit so that she will be able to pay school fees for her children. She is not worrying because there is some thing to eat. She is active and her dream is to build a house for her children.



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

Anonymous
soddy daisy, TN
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Amy
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Caroline
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Sue
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Doug
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Scott
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Kristina
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Lois
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Robert
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Diane
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Laurel
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Jason
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Lauren Wilkins
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vicky
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family
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Alison
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Sonja
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Lianna
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Burton
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Shea
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RaLon
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Maria
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carolyn
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Anonymous
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Loren
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Amanda
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Anonymous
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Casey
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courtenay
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Michael&Maria
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Kevin
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Journal entries for Ireda Agali 2 Okello Lucy Group


Loan has been disbursed
 
Entrepreneur: Ireda Agali 2 Okello Lucy Group
Location: Lira, Uganda

Thank you for your loan. It has been disbursed to Ireda Agali 2 Okello Lucy Group, consisting of Lucy Okello , Kevin Oryema, Sandorina Amolo , Molly Anamu 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 8, 2009
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Kiva Help Repayment Schedule for Ireda Agali 2 Okello Lucy Group

  Expected Repayments Actual Repayments Comments
January 2010 $112.50 Available Jan 1  
February 2010 $140.63 Available Feb 1  
March 2010 $112.50 Available Mar 1  
April 2010 $112.50 Available Apr 1  
May 2010 $112.50 Available May 1  
June 2010 $140.62 Available Jun 1  
July 2010 $112.50 Available Jul 1  
August 2010 $112.50 Available Aug 1  
September 2010 $140.63 Available Sep 1  
October 2010 $28.12 Available Oct 1