Mugema D(ii) Group


Status: Paid Back

$1,950.00   Loan Request
$1,950.00   Paid Back

About the Group

Group Name: Mugema D(ii) Group
Group Members: Mary Bamunenya
Sarah Nanziri
Lovisa Mukasa
Florence Namanya
Rina Nakalawa
Location: Kireka, Uganda
Activity: Hotel

About the Loan

Loan Amount: $1,950.00
Loan Use: To purchase more hotel equipment
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 28, 2008
Date Disbursed: Feb 12, 2008
Date Funded:Jan 29, 2008
Loan Ended:Apr 8, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,707.0000 UGX = 1 USD



Rina is 28 years old and a single mother of three children. She has a small hotel. She intends to buy a generator and pay the children’s school fees with the extra business profits.



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

Miki
Salt Lake City, UT
United States

Adrianne & Jason
Chicago, IL
United States

Long
Hastings, Victoria
Australia

Chris & Rhea
Kingscliff, New South Wales
Australia

Jody-Anne
Olympia, WA
United States

Hotel Adriark Book Club
Los Angeles, CA
United States

andrew
Los Angeles, CA
United States

Trisha Kometer
Providence, RI
United States

Anonymous

Isa
Rijswijk,
Netherlands

tessa
Highland, NY
United States

Ann
Mellerud,

JOSHUA
El Paso, TX
United States

Lauren
Toronto, Ontario
Canada

Giovanni
Torino, Italy/PC
Italy

Brad
Laveen, AZ
United States

Simonetta
Den Haag,
Netherlands

Sarah H
Anmore, BC
Canada

geordie
Mount Kisco, NY
United States

MarkhamX
Kaysville, UT
United States

Louis
gaithersburg, MD
United States

Anonymous
Gig Harbor, WA
United States

Charlene
Newport News, VA
United States

ted
phoenix, AZ
United States

Chizuru
Portland, OR
United States



Journal entries for Mugema D(ii) Group


Loan has been disbursed
 
Entrepreneur: Mugema D(ii) Group
Location: Kireka, Uganda

Thank you for your loan. It has been disbursed to Rina Nakalawa
Florence Namanya
Lovisa Mukasa
Sarah Nanziri
Mary Bamunenya 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 Kireka, Uganda
Feb 13, 2008
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Kiva Help Repayment Schedule for Mugema D(ii) Group

  Expected Repayments Actual Repayments Comments
May 2008 $162.50 $163.00 Repayment Received
June 2008 $162.50 $163.00 Repayment Received
July 2008 $162.50 $163.00 Repayment Received
August 2008 $162.50 $163.00 Repayment Received
September 2008 $162.50 $163.00 Repayment Received
October 2008 $162.50 $163.00 Repayment Received
November 2008 $162.50 $163.00 Repayment Received
December 2008 $162.50 $163.00 Repayment Received
January 2009 $162.50 $158.50 Repayment Received
February 2009 $162.50 $162.50 Repayment Received
March 2009 $162.50 $162.50 Repayment Received
April 2009 $162.50 $162.50 Repayment Received