Nabweru South C-2082(iii) Group


Status: Paid Back

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

About the Group

Group Name: Nabweru South C-2082(iii) Group
Group Members: Polyne Kasumba
Zaituni Birungi
Juliet Nabukenya
Bakia Nakubulwa
Zaituni Nabukenya
Location: Nansana, Uganda
Activity: Food Market

About the Loan

Loan Amount: $2,000.00
Loan Use: To purchase more foods 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 28, 2008
Date Funded:Feb 14, 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



This group has been together for five months. Zaituni and Juliet sell raw foodstuffs in the market. Zaituni intends to buy a piece of land with the extra business profits. Bakia owns a beauty salon and wants to use the loan to buy hair dryers. Polyne sells secondhand clothes and she wants to purchase more clothes with the loan. 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

DD

United States

joan
Hilo, HI
United States

Eric
North York, Ontario
Canada

David
Lincoln, NE
United States

Penny
Valhalla, NY
United States

mark
Dulles, VA
United States

Karin and Patrick
Arlington, VA
United States

Oliver
Hannover,
Germany

Anonymous

Christopher
London,
United Kingdom

Anonymous

Johanna
Burlington, Ontario
Canada

Prof. Dr.
Seabrook, NH
United States

Shawn
oak park, IL
United States

Anonymous
Chester Springs, PA
United States

Chelloo.com
Hilversum, Noord-Holland
Netherlands

Moira
san luis obispo, CA
United States

Linda
Cobalt, CT
United States

Dane
Columbus, OH
United States

Cormac
Quincy, MA
United States

Paul
Los Angeles, CA
United States

John
Sedona, AZ
United States

Lucy
NH
United States

Anonymous

Barbara
Miltown Malbay, Clare
Ireland

James Omdahl
Denver, CO
United States

Jil
Salt Lake City, UT
United States

dorrit
Great Neck, NY
United States

Kim
Seattle, WA
United States

Tom

United States

Intervest Global Live
Bundall, Queensland
Australia

Anonymous
Langhorne, PA
United States

Megan
Auckland,
New Zealand

Adrian
El Paso, TX
United States

kim
Hibiscus Coast, Auckland
New Zealand

Anonymous

susan
sparks, NV
United States



Journal entries for Nabweru South C-2082(iii) Group


Loan has been disbursed
 
Entrepreneur: Nabweru South C-2082(iii) Group
Location: Nansana, Uganda

Thank you for your loan. It has been disbursed to the Nabweru South C-2082(iii), consisting of Zaituni Nabukenya, Bakia Nakubulwa, Juliet Nabukenya, Zaituni Birungi, Polyne Kasumba 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 29, 2008
Comments (2)

Kiva Help Repayment Schedule for Nabweru South C-2082(iii) 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 $165.00 Repayment Received
January 2009 $166.67 $166.00 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