Kawaala 1b(c) Group


Status: Paid Back

$1,650.00   Loan Request
$1,650.00   Paid Back

About the Group

Group Name: Kawaala 1b(c) Group
Group Members: Justine Nakitende
Margret Nassali
Fatuma Namakula
Betty Nagawa
Fiona Asimwe
Location: Kasubi, Uganda
Activity: Home Products Sales

About the Loan

Loan Amount: $1,650.00
Loan Use: To increase stock in her retail shop
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 28, 2008
Date Disbursed: Feb 14, 2008
Date Funded:Jan 31, 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



Fiona is 28 years old and married with four children. She owns a retail shop and would like to expand the inventory. With the extra profit, she wants to build a home for her family.

This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in her own business. The members mutually guarantee one another's loans. If one member does not repay, the other members are responsible.



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


Subscribe

Lenders to this group

Katie
Cincinnati, OH
United States

Tony
Laguna Niguel, CA
United States

Mark
Plymouth, Devon
United Kingdom

Gary
Teaneck, NJ
United States

Anonymous
SAN JOSE, CA
United States

Laura
Baltimore, MD
United States

Lisa
Calgary, Alberta
Canada

Rita & Jerry
Webberville, MI
United States

Joseph
Salt Lake City, UT
United States

Rebecca
Amherst, NY
United States

Stephen
Milwaukee, WI
United States

Doug
Tarzana, CA
United States

arrow
wilmington, NC
United States

Elizabeth
Somerville, MA
United States

Donna
Winnipeg, Manitoba
Canada

Cara
San Francisco, CA
United States

Jen and Maddy
Michigan City, IN
United States

Nikki
Andijk,

Rodney & Chris
Dayton, OH
United States

Rolande
Penticton, British Columbia
Canada

Mary Brittany John
New York, NY
United States

Mia
Tilburg,
Netherlands

Kimberly
London, Ontario
Canada

Susan
Hastings, Ontario
Canada

Suzanne
Hamilton, OH
United States

Anonymous

Zachary
Pittsburgh, PA
United States

Nancy
Fallbrook, CA
United States

Denise
Monroe, WA
United States

Anonymous
Champaign, IL
United States

Sera
Portland, OR
United States

Ramsdell Students
Elbridge, NY
United States

Bernardine
Cary, NC
United States



Journal entries for Kawaala 1b(c) Group


Loan has been disbursed
 
Entrepreneur: Kawaala 1b(c) Group
Location: Kasubi, Uganda

Thank you for your loan. It has been disbursed to Fiona Asimwe
Betty Nagawa
Fatuma Namakula
Margret Nassali
Justine Nakitende 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
Feb 15, 2008
Comments (5)

Kiva Help Repayment Schedule for Kawaala 1b(c) Group

  Expected Repayments Actual Repayments Comments
May 2008 $137.50 $138.00 Repayment Received
June 2008 $137.50 $138.00 Repayment Received
July 2008 $137.50 $138.00 Repayment Received
August 2008 $137.50 $138.00 Repayment Received
September 2008 $137.50 $138.00 Repayment Received
October 2008 $137.50 $138.00 Repayment Received
November 2008 $137.50 $138.00 Repayment Received
December 2008 $137.50 $138.00 Repayment Received
January 2009 $137.50 $133.50 Repayment Received
February 2009 $137.50 $137.50 Repayment Received
March 2009 $137.50 $137.50 Repayment Received
April 2009 $137.50 $137.50 Repayment Received