Christine Mayega's Group


Status: Paid Back

$1,725.00   Loan Request
$1,725.00   Paid Back

About the Group

Group Name: Christine Mayega's Group
Group Members: Debra Namukasa
Leah Namakula
Amina Nassiwa
Makiina Sekilime
Christine Mayega
Location: Mukono, Uganda
Activity: Phone Use Sales

About the Loan

Loan Amount: $1,725.00
Loan Use: To purchase a pay phone
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:1,690.0000 UGX = 1 USD



Christine Mayega is 38 years old with 1 son and 5 daughters, ranging in age from age 24 to 10. She has a restaurant and wishes to use the loan to purchase a public pay phone and phone cards for mobile phones. With the profits from her business she hopes to purchase a plot of land and build a house.



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

Karen
Dayton, NV
United States

Karianne & Tollef
Oslo,
Norway

Anonymous
Venice, CA
United States

SimplyBrilliantSolutions
New Minas, Nova Scotia
Canada

Anonymous
Wanstead, London
United Kingdom

Anonymous
Durham, NC
United States

Hanna

United Kingdom

Daniel
Charlottesville, VA
United States

Luci
Phoenix, AZ
United States

Lauri

Finland

Anonymous
Evanston, IL
United States

Oskari

Finland

Katie
High Point, NC
United States

Erica
Zeist,
Netherlands

Erin
Wylie, TX
United States

Daniela

Finland

Joe & Mary
peachtree city, GA
United States

Gary
Burbank, CA
United States

Eric and Mary Ann
Brooklyn, NY
United States

Joel

Finland

Anonymous
Brisbane, Queensland
Australia

Melanie
Grand Rapids, MI
United States

Barbara
Washington, DC
United States

Lopez-Sirvent sisters
East Brunswick, NJ
United States

Paula
Boston, MA
United States

Jill
Thousand Oaks, CA
United States

Essi

Finland

Norm & Gwen
North Vancouver, British Columbia
Canada

Anonymous
Minato-ku, Tokyo
Japan

Ahti

Finland

Bronwyn
Atlanta, GA
United States

Bob
Eugene, OR
United States

Musa

Finland

Henry
San Francisco, CA
United States

Doug
Stratham, NH
United States

Christian and Gaviota
Stockholm,
Sweden

Rich
Oak Park, IL
United States

Gary
Davenport, IA
United States

Cindi
Edmonds, WA
United States

Tyler
Hamilton, Ontario
Canada

Christi, Michael, Max
Encinitas, CA
United States

Anthony
Palo Alto, CA
United States

Anonymous
Nepean, Ontario
Canada

Danielle
Fremont, CA
United States

Jones Family
Greensburg, PA
United States

Mickey
Salt Spring Island, British Columbia
Canada

Mark
Ladysmith, British Columbia
Canada

Sara
Oklahoma City, OK
United States

Mark
Orinda, California
United States



Journal entries for Christine Mayega's Group


Loan has been disbursed
 
Entrepreneur: Christine Mayega's Group
Location: Mukono, Uganda

Thank you for your loan. It has been disbursed to Christine Mayega
Makiina Sekilime
Amina Nassiwa
Leah Namakula
Debra Namukasa 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 Mukono, Uganda
Jan 7, 2008
Comment on this entry

Kiva Help Repayment Schedule for Christine Mayega's Group

  Expected Repayments Actual Repayments Comments
April 2008 $143.75 $144.00 Repayment Received
May 2008 $143.75 $144.00 Repayment Received
June 2008 $143.75 $144.00 Repayment Received
July 2008 $143.75 $144.00 Repayment Received
August 2008 $143.75 $144.00 Repayment Received
September 2008 $143.75 $144.00 Repayment Received
October 2008 $143.75 $144.00 Repayment Received
November 2008 $143.75 $144.00 Repayment Received
December 2008 $143.75 $144.00 Repayment Received
January 2009 $143.75 $141.50 Repayment Received
February 2009 $143.75 $143.75 Repayment Received
March 2009 $143.75 $143.75 Repayment Received