Kamuli B4(i) Group


Status: Paid Back

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

About the Group

Group Name: Kamuli B4(i) Group
Group Members: Sylvia` Namanda
Josephine Mayombwe
Annet Nakyanzi
Hasifa Nabatanzi
Clementine Wandega
Location: Kireka, Uganda
Activity: Poultry

About the Loan

Loan Amount: $2,000.00
Loan Use: To purchase more chicks. and use the profits to complete rental houses, to improve 3 beauty salon businesses and to purchase more used clothes for sale.
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 23, 2008
Date Disbursed: Feb 8, 2008
Date Funded:Jan 25, 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 one year. Clementine is 40 years old and married with five children. She runs a poultry business. She wants to use the extra business profits to complete her rental houses and also fence her residential house. Hasifa, Slvia and Annet all have beauty salon businesses. Josephine sells used clothes and wants to use the loan to purchase more clothes for sale. 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

Anonymous
purley, Surrey
United Kingdom

Adele
Indianapolis, IN
United States

Diane
Mount Vernon, WA
United States

Wayne
Victoria, British Columbia
Canada

Brian
New York, NY
United States

Larissa
Pinon Hills, CA
United States

Flora
Buda, TX
United States

nedra
claremont, CA
United States

marie
stockholm, vallentuna
Sweden

Sarah
Philadelphia, PA
United States

Amy
Bexley, OH
United States

Margarete
Danville, CA
United States

David
Redwood Valley, CA
United States

jim
holderness, nh
United States

Pamela
Sun Prairie, WI
United States

oscar
Collierville, TN
United States

Sally
Reading, Berkshire
United Kingdom

Linda B.
Raleigh, NC
United States

Kara
Richmond, British Columbia
Canada

Sherry
Noblesville, IN
United States

NOEL
GRAND RAPIDS, MI
United States

Susan
Rockport, MA
United States

Gladys
Le Gosier, Guadeloupe, French West Indies
Guadeloupe

Sandi
Loxahatchee, FL
United States

Linda Ann
Cockeysville, MD
United States

Will and Brooke
Santa Monica, CA
United States

Greenacarina
Everett, WA
United States

Anonymous
new berlin, WI
United States

Russell
Malden, MA
United States

Patricia
New Lebanon, OH
United States

TJ Middle School
Edison, NJ
United States

Johan
Haren, Groningen
Netherlands

Judy
Bryn Mawr, PA
United States

David and Sheri
LaSalle, ON
Canada

Anonymous

Michael
Tampa, FL
United States

Speakers' Spotlight
Toronto, Ontario
Canada

Tom
Greensboro, NC
United States

Edward
Sherwood Park, Alberta
Canada

Sharon
Schaumburg, IL
United States

Donald
Waterford, CT
United States

Sendhil
Henderson, NV
United States

norma
glenside, PA
United States

Nick
Chicago, IL
United States



Journal entries for Kamuli B4(i) Group


Loan has been disbursed
 
Entrepreneur: Kamuli B4(i) Group
Location: Kireka, Uganda

Thank you for your loan. It has been disbursed to Clementine Wandega
Hasifa Nabatanzi
Annet Nakyanzi
Josephine Mayombwe
Sylvia` Namanda 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 Kireka, Uganda
Feb 8, 2008
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Kiva Help Repayment Schedule for Kamuli B4(i) 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 $167.00 Repayment Received
January 2009 $166.67 $164.00 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