Kagugube C Group
| $2,000 |
Loan Request
Disbursed
: Feb 6, 2008
Listed: Jan 23, 2008
Funded: Jan 23, 2008
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|---|---|
| $2,000 |
Paid Back
Ended: Mar 16, 2009
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About the Field Partner
| BRAC Uganda administers this loan. Learn more | |||||||
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| Field Partner: | BRAC Uganda | ||||||
|---|---|---|---|---|---|---|---|
| Field Partner Risk Rating: | |||||||
| Fundraising Status: | Active | ||||||
| Time on Kiva: | 25 months | ||||||
| Kiva Entrepreneurs: | 9018 | ||||||
| Total Loans: | $2,534,525 | ||||||
| Interest & Fees are Charged: | Yes (Learn more) | ||||||
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| Delinquency Rate: | 0.00% | ||||||
| Default Rate: | 0.00% | ||||||
| Currency Exchange Loss Rate: | 0.00% | ||||||
| More on this field partner >> | |||||||
About the Country
| Country: | Uganda |
|---|---|
| Avg Annual Income: | $1,700 |
| Currency: | Uganda Shillings (UGX) |
| Exchange Rate: | 1,703.0000 UGX = 1 USD |
Winnie Busingye, Aisha Nanyonjo, Jenifer Katushabe, Catherine Nazziwa, Rose Nyongesa
About the Loan
| Location: | Kireka, Uganda | Repayment Term: | 15 months (more info) |
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|---|---|---|---|---|
| Activity: | Health | Repayment Schedule: | Monthly | |
| Loan Use: | To purchase more drugs | Currency Exchange Loss: | Covered | |
| Default Protection: | Covered |
60, 000 profits each week. Catherine, Jenifer and Aisha all have retail shop business. Winnie owns a beauty salon.
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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Journal entries for Kagugube C Group
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Loan has been disbursed
Location: Kireka, Uganda
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Posted by
from Kireka, Uganda
Feb 7, 2008 |
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Comment on this entry
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Repayment Schedule for Kagugube C Group
Repayment Schedule for Kagugube C Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| May 2008 | $166.67 | $167.00 |  Repayment Received
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| June 2008 | $166.67 | $167.00 | Repayment Received
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| July 2008 | $166.67 | $167.00 | Repayment Received
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| August 2008 | $166.67 | $167.00 | Repayment Received
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| September 2008 | $166.67 | $167.00 | Repayment Received
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| October 2008 | $166.67 | $167.00 | Repayment Received
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| November 2008 | $166.67 | $167.00 | Repayment Received
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| December 2008 | $166.67 | $167.00 | Repayment Received
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| January 2009 | $166.67 | $164.00 | Repayment Received
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| February 2009 | $166.67 | $166.67 | Repayment Received
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| March 2009 | $166.67 | $166.67 | Repayment Received
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| April 2009 | $166.63 | $166.66 | Repayment Received
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