Kasubi Iii B(ii) Group


Status: Paid Back

$1,550.00   Loan Request
$1,550.00   Paid Back

About the Group

Group Name: Kasubi Iii B(ii) Group
Group Members: Faridah Kwagala
Teopista Nakyazzi
Maria Sserunjogi
Dianah Kasule
Annet Walakira
Location: Kasubi, Uganda
Activity: Grocery Store

About the Loan

Loan Amount: $1,550.00
Loan Use: These women would like to purchase more groceries and improve their businesses.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 12, 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



This group has been together for ten months. Aneet is a widow with six children. She sells groceries to earn a living. With the extra business profits, she intends to repay the loan and to pay school fees for the orphans.
Dianah is a poultry farmer. Maria owns a small bar and wants to use the loan to buy more beers. Faridah sells charcoal.

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

Eric
North York, Ontario
Canada

Anonymous
salisbury, NC
United States

Cora
Bensheim,
Germany

Martin
Berlin,
Germany

Bouwbedrijf
IJsselmuiden,
Netherlands

Jeronimo
Bern,
Switzerland

Christopher
London,
United Kingdom

Ryan and Natalie
Ocala, FL
United States

Jen
Washington, DC
United States

Morgan
Ankeny, IA
United States

Nickie
Lewistown, MT
United States

Anonymous
Newton, MA
United States

Anonymous
Seattle, WA
United States

Dane
Knoxville, TN
United States

Gunn Pay It Forward
Palo Alto, CA
United States

Geraldine
RICHMOND, British Columbia
Canada

Johan
Växjö, Småland
Sweden

Ivor
Paradise, CA
United States

Vara
Binghamton, NY
United States

Andrew
West Olive, MI
United States

Jessica
New York, NY
United States

william
Salt Lake City, UT
United States

Arne
Skjervoy, Troms
Norway

Susan
winnipeg, Manitoba
Canada

paola
roma, Roma
Italy

David
Prahran, Victoria

Anonymous
Santa Monica, CA
United States

tracy
ringwood North, Victoria
Australia

Anonymous
Santa Barbara, CA
United States



Journal entries for Kasubi Iii B(ii) Group


Loan has been disbursed
 
Entrepreneur: Kasubi Iii B(ii) Group
Location: Kasubi, Uganda

Thank you for your loan. It has been disbursed to the Kasubi III B(ii), consisting of Annet Walakira, Dianah Kasule, Maria Sserunjogi, Teopista Nakyazzi, Faridah Kwagala 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 28, 2008
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Kiva Help Repayment Schedule for Kasubi Iii B(ii) Group

  Expected Repayments Actual Repayments Comments
May 2008 $129.17 $130.00 Repayment Received
June 2008 $129.17 $130.00 Repayment Received
July 2008 $129.17 $130.00 Repayment Received
August 2008 $129.17 $130.00 Repayment Received
September 2008 $129.17 $130.00 Repayment Received
October 2008 $129.17 $130.00 Repayment Received
November 2008 $129.17 $130.00 Repayment Received
December 2008 $129.17 $124.00 Repayment Received
January 2009 $129.17 $128.50 Repayment Received
February 2009 $129.17 $129.17 Repayment Received
March 2009 $129.17 $129.17 Repayment Received
April 2009 $129.13 $129.16 Repayment Received