Rehena Kayizi's Group


Status: Paid Back

$2,000.00   Loan Request
$2,000.00   Paid Back

About the Group

Group Name: Rehena Kayizi's Group
Group Members: Sarah Nakyanzi
Winnie Kisakye
Julia Nansubugai
Irene Mukasa
Rehena Kayizi
Location: Kasubi, Uganda
Activity: Food Production/Sales

About the Loan

Loan Amount: $2,000.00
Loan Use: To increase inventory
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 23, 2007
Date Disbursed: Jan 7, 2008
Date Funded:Dec 24, 2007
Loan Ended:Feb 15, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,696.0000 UGX = 1 USD



Rehena Kayizi sells fresh food like Matooke (mashed, cooked bananas), potatoes, yams, and beans. She has 5 children and looks after 4 orphans. She pays for their school fees. This loan is to increase Rehena’s inventory for her food store.



Background on BRAC and BRAC Uganda


BRAC (Building Resources Across Communities) is a development organization that began operations in Bangladesh as a small-scale relief and rehabilitation project in 1972 to help the country overcome the devastation and trauma of the liberation war and focused on resettling refugees returning from India. Today, BRAC has emerged as an independent, virtually self-financed paradigm in sustainable human development. It is one of the largest Southern development organizations employing over 100,000 people, 61% of which are women, and working with the twin objectives of poverty alleviation and empowerment of the poor. Diagnosing poverty in human terms and recognizing its multifaceted nature, BRAC approaches poverty alleviation with a holistic approach.


The successes of BRAC in the international development arena have stimulated a series of discussions, both with African delegations, who have visited BRAC programs, and with donors who work in Asia and Africa. Both the African countries and the donors have encouraged BRAC to join the development campaign in Africa to achieve the Millennium Development Goals (MDGs) and more recently to join the campaign of “ending poverty”, which is an area where Africa represents the greatest global challenge.


In Uganda, BRAC registered as a Non Government Organization (NGO) in January 2006 to undertake programs in Education, Health, Water & Sanitation, Agriculture & Livestock and Microfinance. The Microfinance and Education are the pioneer programs launched in Uganda and, as of July 2007, had served 21,273 borrowers and enrolled 1,155 adolescents in its education program.



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

Kim
Kyoto,
Japan

Leena
Vantaa,
Finland

coolidge
missouri city, TX
United States

Adar
Oakland, CA
United States

Ramona
Dartmouth, Nova Scotia
Canada

Tom
Zeist, Utrecht
Netherlands

Anonymous
Porto, Porto
Portugal

Patricia
La Jolla, CA
United States

Jay + Alice + Kurt +Maya
Singapore, SG
Singapore

Dave
Melrose, MA
United States

Beth
Saratoga, CA
United States

EARL
ST JOSEPH, MI
United States

susan b
Washington, DC
United States

Leslie & Ching
Rochester, NY
United States

Salim
Burnaby, British Columbia
Canada

Patrik
Skene,

Kiwi
Renton, WA
United States

Doreen
Port Moody, British Columbia
Canada

Janice
Centennial, CO
United States

vikram
CLIFTON PARK, NY
United States

Caitlin
Kitchener, Ontario
Canada

Richard
Sunnyvale, CA
United States

Raj
Brentwood, TN
United States

Wayne
Florence, Kentucky
United States

Gayle & Chris
McKinney, TX
United States

David
Yardville, NJ
United States

Rob
Pendleton, SC
United States

Mary
Cincinnati, OH
United States

Roger
Dr, AK
Norway

Mark and Lucinda
Pasadena, CA
United States

Nathan
Belton, MO
United States

Gavin, Lisa & Katie
TATTERSHALL, Lincoln
United Kingdom

Spence
Plymouth, MA
United States

Josh
Guilderland, NY
United States

Katy
Chapel Hill, NC
United States

ian
port moody, British Columbia
Canada

Travis
Houston, TX
United States

Catherine
Houston, TX
United States

Michael
Okemos, MI
United States

Mark, Andrea and Kate
Brea, CA
United States

Amy
Boise, ID
United States

Michael & Jennifer
Portland, OR
United States

Anonymous
Columbia, SC
United States



Journal entries for Rehena Kayizi's Group


Loan has been disbursed
 
Entrepreneur: Rehena Kayizi's Group
Location: Kasubi, Uganda

Thank you for your loan. It has been disbursed to Rehena Kayizi
Irene Mukasa
Julia Nansubugai
Winnie Kisakye
Sarah Nakyanzi by BRAC Uganda in Uganda. We are excited to watch this business grow. Over the next 12 months, BRAC Uganda will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kasubi, Uganda
Jan 8, 2008
Comment on this entry

Kiva Help Repayment Schedule for Rehena Kayizi's Group

  Expected Repayments Actual Repayments Comments
April 2008 $166.67 $167.00 Repayment Received
May 2008 $166.67 $167.00 Repayment Received
June 2008 $166.67 $167.00 Repayment Received
July 2008 $166.67 $167.00 Repayment Received
August 2008 $166.67 $167.00 Repayment Received
September 2008 $166.67 $167.00 Repayment Received
October 2008 $166.67 $167.00 Repayment Received
November 2008 $166.67 $167.00 Repayment Received
December 2008 $166.67 $167.00 Repayment Received
January 2009 $166.67 $163.67 Repayment Received
February 2009 $166.67 $166.67 Repayment Received
March 2009 $166.63 $166.66 Repayment Received