Kigandazi A Group


Status: Paid Back

$1,500.00   Loan Request
$1,500.00   Paid Back

About the Group

Group Name: Kigandazi A Group
Group Members: Rose Semanda
Prossy Luwedde
Annet Katusiiime
Jane Lubandi
Irene Nakawuka
Location: Kireka, Uganda
Activity: Catering

About the Loan

Loan Amount: $1,500.00
Loan Use: To re-invest in their current businesses
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 24, 2008
Date Disbursed: Feb 9, 2008
Date Funded:Jan 26, 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 six months. Irene runs a small restaurant. Jane sells used clothes wants to increase the stock with the loan. Annet has a canteen business. Prossy sells fish while Rose has a public pay phone.

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

Julia
London, Ontario
Canada

Ann

Anonymous
Chicago, IL
United States

Terry and Julie
Forest, VA
United States

Denise
Richfield, MN
United States

Anonymous

Linda
Bloomfield Hills, MI
United States

Peter
Dortmund, NRW
Germany

Sarah & Ben, KivaFriends
Waltham, MA
United States

Anonymous
Kimberley, BC
Canada

Edward
Creston, California
United States

Anonymous
Chicago, IL
United States

Jan
Bay Village, OH
United States

Jeanne
Covina (Los Angeles area), California
United States

Kate
Dayton, OH
United States

David
Calgary, Alberta
Canada

Anonymous
Tucson, AZ
United States

Barbara
Snohomish, WA
United States

Anonymous
Ballwin, MO
United States

Alexander
Las Vegas, NV
United States

Lloyd
Austin, TX
United States

Cassie & Nikki
Aptos, CA
United States

James
East Wenatchee, WA
United States

Gord
Ladysmith, British Columbia
Canada

Aubree
Los Osos, CA
United States

Rosanne
Washington, DC
United States

Kathryn
Boise, ID
United States

Mark & Brenda
Greenville, OH
United States

Dr. Joe & Abigail
McDonough, GA
United States

Joshua
Seattle, WA
United States

Bret
Phoenix, AZ
United States

Alanah
south oakleigh, Victoria
Australia



Journal entries for Kigandazi A Group


Loan has been disbursed
 
Entrepreneur: Kigandazi A Group
Location: Kireka, Uganda

Thank you for your loan. It has been disbursed to Irene Nakawuka
Jane Lubandi
Annet Katusiiime
Prossy Luwedde
Rose Semanda 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 10, 2008
Comments (2)

Kiva Help Repayment Schedule for Kigandazi A Group

  Expected Repayments Actual Repayments Comments
May 2008 $125.00 $125.00 Repayment Received
June 2008 $125.00 $125.00 Repayment Received
July 2008 $125.00 $125.00 Repayment Received
August 2008 $125.00 $125.00 Repayment Received
September 2008 $125.00 $125.00 Repayment Received
October 2008 $125.00 $125.00 Repayment Received
November 2008 $125.00 $125.00 Repayment Received
December 2008 $125.00 $125.00 Repayment Received
January 2009 $125.00 $125.00 Repayment Received
February 2009 $125.00 $125.00 Repayment Received
March 2009 $125.00 $125.00 Repayment Received
April 2009 $125.00 $125.00 Repayment Received