Nabweru North A-2078(i) Group


Status: Paid Back

$1,900.00   Loan Request
$1,900.00   Paid Back

About the Group

Group Name: Nabweru North A-2078(i) Group
Group Members: Shamim Kashwa
Agnes Namagala
Joan Nankya
Loy Munaba
Phiona Namukasa
Location: Nansana, Uganda
Activity: Phone Use Sales

About the Loan

Loan Amount: $1,900.00
Loan Use: To buy another pay phone and purchase more air time (phone) cards
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 10, 2008
Date Disbursed: Feb 27, 2008
Date Funded:Feb 13, 2008
Loan Ended:Apr 8, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,700.1000 UGX = 1 USD



Phiona is 27 years old and married with four children. She owns a public pay phone and also has a vegetable market stall. Loy and Shamim both have a beauty salons, thus they want to use the loan to buy salon equipment like dryers and oils. Joan owns a cosmetics shop and wants to add inventory. Phiona wants to use the extra profits to start selling fish in her market stall.

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

Betty
Champaign, IL
United States

Susan
Beavercreek, OR
United States

Bakima
Bellingham, WA
United States

Steven
Camarillo, CA
United States

Richard
Ammon, ID
United States

Mary
PA Furnace, PA
United States

Thomas
Oakdale, PA
United States

John
delmar, NY
United States

Anonymous
Santa Fe, NM
United States

Mark
Waterbury, CT
United States

Don
Pointe Claire, Quebec
Canada

Eura
Charlotte, NC
United States

Antonio
LISBOA,
Portugal

Annie
Duluth, MN
United States

RSLcom
München,

Brian
Midhurst, Ontario
Canada

David
Guelph, Ontario
Canada

Veronica
Beavercreek, OH
United States

Rachel and Shai
New York, NY
United States

Faruk
Edmonton, Alberta
Canada

Karen
Wayne, NJ
United States

Peter
Merksem,
Belgium

Anonymous
Los Gatos, CA
United States

Anonymous
Minneapolis, MN
United States

Anonymous
Ottawa, Ontario
Canada

Lisa
Tumwater, WA

Daniel
Brooklyn, NY
United States

Alex
Vancouver, British Columbia
Canada

Sophie
Austin, TX
United States

Christopher
London,
United Kingdom

Kelley
Los Angeles, CA
United States

Adam
Redwood City, CA
United States

J. L.
Lincoln, Ca
United States

Amy
Kirkwood, MO
United States

NumbNut
Goonellabah, NSW
Australia

Claus
Frederiksberg,
Denmark

Josh
Montgomery, AL
United States

Chris
Victoria, British Columbia
Canada

Jesper
Ballerup, DK
Denmark

Stephen
Nutley, NJ
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Hopkins family
London, London
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Journal entries for Nabweru North A-2078(i) Group


Loan has been disbursed
 
Entrepreneur: Nabweru North A-2078(i) Group
Location: Nansana, Uganda

Thank you for your loan. It has been disbursed to the Nabweru North A-2078(i), consisting of Phiona Namukasa, Loy Munaba, Joan Nankya, Agnes Namagala, Shamim Kashwa 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 Nansana, Uganda
Feb 27, 2008
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Kiva Help Repayment Schedule for Nabweru North A-2078(i) Group

  Expected Repayments Actual Repayments Comments
May 2008 $158.33 $159.00 Repayment Received
June 2008 $158.33 $159.00 Repayment Received
July 2008 $158.33 $159.00 Repayment Received
August 2008 $158.33 $159.00 Repayment Received
September 2008 $158.33 $159.00 Repayment Received
October 2008 $158.33 $159.00 Repayment Received
November 2008 $158.33 $159.00 Repayment Received
December 2008 $158.33 $0.00 Repayment Received
January 2009 $158.33 $312.00 Repayment Received
February 2009 $158.33 $158.33 Repayment Received
March 2009 $158.33 $158.33 Repayment Received
April 2009 $158.37 $158.34 Repayment Received