Kasokoso Group


Status: Paid Back

$1,425.00   Loan Request
$1,425.00   Paid Back

About the Group

Group Name: Kasokoso Group
Group Members: Annet Nakamya
Margret Kamara
Molly Nabunya
Aisha Birungi
Hildah Bagalana
Location: Kireka, Uganda
Activity: Bricks

About the Loan

Loan Amount: $1,425.00
Loan Use: To re-invest in their businesses
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 22, 2008
Date Disbursed: Mar 8, 2008
Date Funded:Feb 23, 2008
Loan Ended:Apr 15, 2009

About the Country

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



Hildah is a 38 year old widow with five children. Hildah, Aisha and Annet all have brick laying businesses. Hildah wants to pay school fees for the orphans with the extra business profits.Mollaw sells raw foodstuffs in the market and wants to use the loan to purchase more foods for sale. Margret sells used shoes.

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

Singh Family
Durham, NC
United States

Molly
Bend, OR
United States

Espana
San Francisco, CA
United States

Rachel
Los Angeles, CA
United States

Emily
New Haven, CT
United States

Susan
Ottawa, Ontario
Canada

Karen
Middleton, WI
United States

Kari & Kamal
NJ
United States

Kevin
Snowmass Village, CO
United States

T

Tom
Norwich, VT
United States

Kevin
Foley, MO
United States

Janet and Hannah
Albuquerque, NM
United States

Anonymous
San Jose, CA
United States

Chesapeakesun
Baldwin, MD
United States

Shahin Murphy
Toronto, ON
Canada

AJC
Alexandria, VA
United States

Tanvee
San Francisco, CA
United States

Vanessa and Fabio
Scarsdale, NY
United States

LyL
Coquitlam, British Columbia
Canada

Teresa
London, London
United Kingdom

Tyler
Madison, WI
United States

Renee
Cheyenne, WY
United States

Christa
Ridgely, MD
United States

Elaine
Petersburg, VA
United States

Frank
Whitestone, NY
United States

Steve
Boothbay, ME
United States

Christopher
Jordan, MN
United States

Cynthia
Minneapolis, MN
United States

Bill
Port Orange, FL
United States

Marley
St. George, VT
United States

Terry
LOng Grove, IL
United States

Michael
Sarasota, FL
United States

Madeleine
Brooklyn, NY
United States

Dennis
Castricum,

Eric Buley
Missoula, MT
United States

Nancy
St. Clair, MI
United States

Tod
Atlanta, GA
United States



Journal entries for Kasokoso Group


Loan has been disbursed
 
Entrepreneur: Kasokoso Group
Location: Kireka, Uganda

Thank you for your loan. It has been disbursed to the Kasokoso group, consisting of Hildah Bagalana, Aisha Birungi, Molly Nabunya, Margret Kamara, Annet Nakamya 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
Mar 8, 2008
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Kiva Help Repayment Schedule for Kasokoso Group

  Expected Repayments Actual Repayments Comments
June 2008 $118.75 $119.00 Repayment Received
July 2008 $118.75 $119.00 Repayment Received
August 2008 $118.75 $119.00 Repayment Received
September 2008 $118.75 $119.00 Repayment Received
October 2008 $118.75 $119.00 Repayment Received
November 2008 $118.75 $119.00 Repayment Received
December 2008 $118.75 $119.00 Repayment Received
January 2009 $118.75 $117.00 Repayment Received
February 2009 $118.75 $118.75 Repayment Received
March 2009 $118.75 $118.75 Repayment Received
April 2009 $118.75 $118.75 Repayment Received
May 2009 $118.75 $118.75 Repayment Received