Erisa C(iv) Group


Status: Paid Back

$1,375.00   Loan Request
$1,375.00   Paid Back

About the Group

Group Name: Erisa C(iv) Group
Group Members: Farida Mayanja
Justine Mukiibi
Annet Nabisere
Angella Namubiru
Angella Nazziwa
Location: Kalerwe, Uganda
Activity: Food Market

About the Loan

Loan Amount: $1,375.00
Loan Use: To purchase more food products to sell in a local market
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 23, 2008
Date Disbursed: Feb 9, 2008
Date Funded:Jan 26, 2008
Loan Ended:Apr 8, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,695.0000 UGX = 1 USD



Angella is 35 years old and married with four children. She sells raw foodstuffs in her town's local market, and has joined with several friends to secure a loan that will allow them to buy more items to offer to their customers. With the extra profits made possible by this loan, Angella intends to open up a beauty salon.


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

Dave@Sharon
Guernsey, Channel Islands
United Kingdom

nedra
claremont, CA
United States

A&U
Houston, TX
United States

Sierra Middle School
Castle Rock, CO
United States

Heather
Toronto, Ontario
Canada

Henry and Marcia
Pendleton, OR
United States

julie
chicago, IL
United States

Larry
Portland, Oregon
United States

Katherine and Adrian
London,
United Kingdom

Rich
New York, NY
United States

Nicole
Brookville, IN
United States

Ruth
Marshall, WI
United States

One Horizon Foundation
Lexington, KY
United States

Wyashica
Euclid, OH
United States

Matthew
Brookline, MA
United States

Bonnie
St. Louis, MO
United States

barbara
setauket, NY
United States

Anonymous
Kimberley, BC
Canada

Bency
Dubai,

Sanjeev
Madrid, Madrid
Spain

AYA
saitama, Saitama
Japan

Edward
Creston, California
United States

Josephine
Los Angeles, CA
United States

Michelle
Hoboken, NJ
United States

Sofi
Portland, Maine
United States

Miles
Amsterdam, Noord-Holland
Netherlands

Jo
Hitchin, Hertfordshire
United Kingdom

Mark
Boulder, CO
United States



Journal entries for Erisa C(iv) Group


Loan has been disbursed
 
Entrepreneur: Erisa C(iv) Group
Location: Kalerwe, Uganda

Thank you for your loan. It has been disbursed to Angella Nazziwa
Angella Namubiru
Annet Nabisere
Justine Mukiibi
Farida Mayanja 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 Kalerwe, Uganda
Feb 9, 2008
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Kiva Help Repayment Schedule for Erisa C(iv) Group

  Expected Repayments Actual Repayments Comments
May 2008 $114.58 $115.00 Repayment Received
June 2008 $114.58 $115.00 Repayment Received
July 2008 $114.58 $115.00 Repayment Received
August 2008 $114.58 $115.00 Repayment Received
September 2008 $114.58 $115.00 Repayment Received
October 2008 $114.58 $115.00 Repayment Received
November 2008 $114.58 $115.00 Repayment Received
December 2008 $114.58 $115.00 Repayment Received
January 2009 $114.58 $111.25 Repayment Received
February 2009 $114.58 $114.58 Repayment Received
March 2009 $114.58 $114.58 Repayment Received
April 2009 $114.62 $114.59 Repayment Received