Grace Nsamba's Group


Status: Paid Back

$1,600.00   Loan Request
$1,600.00   Paid Back

About the Group

Group Name: Grace Nsamba's Group
Group Members: Asumpta Najjwko
Mana Wasajja
Winifred Namutebi
Margaret Makulu
Grace Nsamba
Location: Kyengara, Uganda
Activity: Livestock

About the Loan

Loan Amount: $1,600.00
Loan Use: To increase her stock
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 23, 2007
Date Disbursed: Jan 6, 2008
Date Funded:Dec 23, 2007
Loan Ended:Feb 15, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,690.0000 UGX = 1 USD



Grace Nsamba is a 30 year old married mother of 4 (16, 14, 13, 3) who has a retail shop as well as livestock. With the loan, she will purchase more stock for her retail store as well as purchase 2 goats. With the profits she will buy a calf and 3 more piglets.



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

Margot
Aurora, IL
United States

Anonymous
toronto, Ontario
Canada

Karianne & Tollef
Oslo,
Norway

John
Carmichael, CA
United States

Jane
Waukesha, WI
United States

Paul
Penfield, NY
United States

Katie
High Point, NC
United States

Fatima
Albany, CA
United States

janet
Goldsboro, NC
United States

Kristen
Baldwinville, MA
United States

athena
new york, NY
United States

Bob & Dave
Sechelt, British Columbia
Canada

Ryan Del Mary
Albuquerque, NM
United States

Jean
Orleans, Ontario
Canada

thomas
cochrane, Alberta
Canada

Gregory
Venice, CA
United States

Sharon
Alliance, Alberta
Canada

Jenny
Brooklyn, NY
United States

Merel
Amsterdam,

Anonymous
Brisbane, Queensland
Australia

Melody
Prince George, British Columbia
Canada

Joe
Marlboro, MA
United States

Luci
Phoenix, AZ
United States

Anonymous

United States

Mats
Aabenraa, S
Denmark

Linda
Seagrove, NC
United States

Thierry and Mary
Philadelphia, PA
United States

David
Vancouver, British Columbia
Canada

Tom
Beverly Hills, Ca.
United States

Anonymous
Palo Alto, CA
United States

Anonymous
Baltimore, MD
United States

Anonymous
Arlington, VA
United States

Rob, Jared & Romeo
Elk Grove, CA
United States

Anonymous
sioux center, IA
United States

Anonymous
St. Louis Park, MN
United States

Barb
huntington beach, cA
United States

Steffen
Milwaukee, WI
United States

Mario
seattle, WA
United States

Carl
Canton, GA
United States

Diane
Dartmouth, Nova Scotia
Canada

Anonymous
Reading, MA
United States

Marc
Richmond, Victoria

Anonymous
Bend, OR
United States

Melanie & Drew
Willits, CA
United States

The Hanavan Family
Lake Oswego, OR
United States

SYP
Brea, California
United States

Sera
raleigh, NC
United States

Oded
New York, NY
United States

jessica
Walnut Creek, CA
United States



Journal entries for Grace Nsamba's Group


Loan has been disbursed
 
Entrepreneur: Grace Nsamba's Group
Location: Kyengara, Uganda

Thank you for your loan. It has been disbursed to Grace Nsamba
Margaret Makulu
Winifred Namutebi
Mana Wasajja
Asumpta Najjwko 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 Kyengara, Uganda
Jan 7, 2008
Comments (1)

Kiva Help Repayment Schedule for Grace Nsamba's Group

  Expected Repayments Actual Repayments Comments
April 2008 $133.33 $134.00 Repayment Received
May 2008 $133.33 $134.00 Repayment Received
June 2008 $133.33 $134.00 Repayment Received
July 2008 $133.33 $134.00 Repayment Received
August 2008 $133.33 $134.00 Repayment Received
September 2008 $133.33 $134.00 Repayment Received
October 2008 $133.33 $134.00 Repayment Received
November 2008 $133.33 $134.00 Repayment Received
December 2008 $133.33 $134.00 Repayment Received
January 2009 $133.33 $127.33 Repayment Received
February 2009 $133.33 $133.33 Repayment Received
March 2009 $133.37 $133.34 Repayment Received