Nabweru South B-2079(iv) Group


Status: Paid Back

$1,100.00   Loan Request
$1,100.00   Paid Back

About the Group

Group Name: Nabweru South B-2079(iv) Group
Group Members: Irene Nakyagaba
Afua Namwanje
Harriet Nakate
Grace Nakabuye
Aida Nakate
Location: Nansana, Uganda
Activity: Used Clothing

About the Loan

Loan Amount: $1,100.00
Loan Use: to purchase more clothes thus enlarge business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 12, 2008
Date Disbursed: Feb 26, 2008
Date Funded:Feb 12, 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



Aida is 30 years old and divorced with three children. She sells used clothes to earn a living. She wants to use the extra business profits to start purchasing fruits and vegetables for sale. Grace sells raw foodstuffs and wants to use the extra profits to add inventory. Afua offers catering services; she wants to purchase more untensils with the loan. Grace and Irene sell new clothes and they want to use the loan to increase their stock. Note: 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

Peter
Petaluma, CA
United States

Sarah
Arlington, VA
United States

Sherron
New York, NY
United States

Michel
Velp,
Netherlands

Rick
toledo, OH
United States

E.B. Snowdon
Wheeling, IL
United States

One Horizon Foundation
Lexington, KY
United States

Barry & Shari
Hesperia, CA
United States

Eric-Alice
St. Catharines, Ontario
Canada

Judy
McKinleyville, CA
United States

Anonymous
New York, NY
United States

Anonymous
AK
United States

ckowyong
Singapore, Singapore
Singapore

Bruce Chou
Oakdale & Los Angeles & San Jose, CA
United States

Sigurd
Århus, Jylland
Denmark

randy
Clayton, CA
United States

Jan
Rosetta, Tasmania
Australia

Shane
Denver, NC
United States

Brooke
Coronado, CA
United States

Amy
redmond, WA
United States

Andrea
Manchester, NH
United States

Nicole
Baltimore, MD
United States

Susan, Mark & Family
Delta, British Columbia,
Canada

Linda & Joe
Milford, NH
United States

Dandy & Scott
Coburg, Victoria

Anna Maria
La Jolla, CA
United States

Margaret
Lakewood, OH
United States

Rhonda
Springfield, NJ
United States

Val
Surrey, British Columbia
Canada

john
los angeles, CA
United States

Bill
Leichhardt, New South Wales
Australia



Journal entries for Nabweru South B-2079(iv) Group


Loan has been disbursed
 
Entrepreneur: Nabweru South B-2079(iv) Group
Location: Nansana, Uganda

Thank you for your loan. It has been disbursed to the Nabweru South B-2079(iv), consisting of Aida Nakate, Grace Nakabuye, Harriet Nakate, Afua Namwanje, Irene Nakyagaba 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 South B-2079(iv) Group

  Expected Repayments Actual Repayments Comments
May 2008 $91.67 $92.00 Repayment Received
June 2008 $91.67 $92.00 Repayment Received
July 2008 $91.67 $92.00 Repayment Received
August 2008 $91.67 $92.00 Repayment Received
September 2008 $91.67 $92.00 Repayment Received
October 2008 $91.67 $92.00 Repayment Received
November 2008 $91.67 $92.00 Repayment Received
December 2008 $91.67 $0.00 Repayment Received
January 2009 $91.67 $181.00 Repayment Received
February 2009 $91.67 $91.67 Repayment Received
March 2009 $91.67 $91.67 Repayment Received
April 2009 $91.63 $91.66 Repayment Received