Mugongo A4(i) Group
Status: Paid Back
| $2,000.00 | Loan Request | |
|---|---|---|
| $2,000.00 | Paid Back |
About the Group
| Group Name: | Mugongo A4(i) Group |
|---|---|
| Group Members: |
Resty Kabwama Halima Nabukenya Fatumah Buuma Teddy Buima Florence Katerega |
| Location: | Kyengara, Uganda |
| Activity: | Used Clothing |
About the Loan
| Loan Amount: | $2,000.00 |
|---|---|
| Loan Use: | To buy more clothing for resale |
| Repayment Term: | 15 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jan 23, 2008 |
| Date Disbursed: | Feb 10, 2008 |
| Date Funded: | Jan 27, 2008 |
| Loan Ended: | Apr 8, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | BRAC Uganda |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 22 months |
| Kiva Entrepreneurs: | 8407 |
| Total Loans: | $2,314,075 |
| 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: | $1,700.00 |
| Currency: | Uganda Shillings (UGX) |
| Exchange Rate: | 1,703.0000 UGX = 1 USD |
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 Mugongo A4(i) Group
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Loan has been disbursed
Location: Kyengara, Uganda
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Posted by
from Kyengara, Uganda
Feb 10, 2008 |
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Comment on this entry
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Repayment Schedule for Mugongo A4(i) Group
Repayment Schedule for Mugongo A4(i) 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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