To Purchase More Foodstuffs Group


Status: Paid Back

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

About the Group

Group Name: To Purchase More Foodstuffs Group
Group Members: Oliver Nalubega
Moreen Walusimbi
Brendah Kugonza
Florence Nakabira
Jamila Namilo
Location: Kasubi, Uganda
Activity: Catering

About the Loan

Loan Amount: $2,000.00
Loan Use: To purchase more foodstuffs for her catering business
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 31, 2008
Date Disbursed: Feb 15, 2008
Date Funded:Feb 1, 2008
Loan Ended:Apr 8, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,703.0000 UGX = 1 USD



Jamila is married with two children. She owns a small restaurant. She will use the extra profits from this loan to pay school fees for her children.

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


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Lenders to this group

Roddy family
New Plymouth,
New Zealand

Sami
SANTA MONICA, CA
United States

Julio
Madrid,
Spain

Shane
Denver, NC
United States

hiromitsu
machidasi, Tokyo
Japan

Heidi
Amsterdam,
Netherlands

Linda & Family*
walkersville, MD
United States

Yvonne
New York, NY
United States

Adam
New Orleans, LA
United States

AK de Vanderbilt
Kirkland, WA
United States

Beth
Brooklyn, NY
United States

AllPeopleBeHappy
Houston, TX
United States

Lucila
Sao Paulo,
Brazil

Kimber
West Lafayette, IN
United States

Dale & Barb
Stillwater, MN
United States

Laurie
Queens Village, NY
United States

Elvin
Itabashi-ku, Tokyo
Japan

Maureen
Rock Valley, IA
United States

Manishkumar
Spotswood, NJ
United States

Laurie
Little Rock, AR
United States

Anonymous

Anonymous

margaret
kent, OH
United States

Sherry
Abingdon, MD
United States

Lennette
Nashville, TN
United States

Anonymous
Chicago, IL
United States

Susan
Kanab, UT
United States

Alton
Placerville, CA
United States

Simon
Blandford Forum, Dorset
United Kingdom

Jonathan
West Cornwall, CT
United States

Maureen
Ottawa, Ontario
Canada

BAM Strategy
Montreal, Quebec
Canada

The Movement @ MCHS
Long Island City, NY
United States

Warpy
Albuquerque, NM
United States

Teacher Matt Class
Berkeley, California
United States

Richard
Hartsville, SC
United States

Kelly
Little Rock, AR
United States

Gary
Chapin, SC
United States

Paul & Chris
Hong Kong,
Hong Kong



Journal entries for To Purchase More Foodstuffs Group


Loan has been disbursed
 
Entrepreneur: To Purchase More Foodstuffs Group
Location: Kasubi, Uganda

Thank you for your loan. It has been disbursed to Jamila Namilo
Florence Nakabira
Brendah Kugonza
Moreen Walusimbi
Oliver Nalubega 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
Comment on this entry

Kiva Help Repayment Schedule for To Purchase More Foodstuffs Group

  Expected Repayments Actual Repayments Comments
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 $164.00 Repayment Received
February 2009 $166.67 $166.67 Repayment Received
March 2009 $166.67 $166.67 Repayment Received
April 2009 $166.63 $166.66 Repayment Received