Kinaawa C(i) Group


Status: Paid Back

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

About the Group

Group Name: Kinaawa C(i) Group
Group Members: Rehema Namuga
Sophia Nsangi
Noeline Nakajuzi
Ruth Kakooza
Ruth Kajubi
Location: Kyengara, Uganda
Activity: Poultry

About the Loan

Loan Amount: $2,000.00
Loan Use: To purchase more poultry feed and to raise capital for the other businesses
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 7, 2008
Date Disbursed: Mar 23, 2008
Date Funded:Mar 9, 2008
Loan Ended:May 3, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,695.0000 UGX = 1 USD



Ruth is 38 years old and married with four children. Her husband is a driver. She has a poultry business. She wants to use the extra profits she earns to invest in the piggery and cultivation businesses. Sophia and Rehema sell used clothes and want to use the loan to increase their stock. Noeline sells firewood.


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

Nicole & Mark
Minneapolis, MN
United States

Staci
Austin, TX
United States

Denis
Calgary, Alberta
Canada

Cartwright
Las Vegas, NV
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c-stuff.com
Keene, NH
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David
Lake Almanor, CA
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Anonymous

Matthew
Portland, OR
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Andy
Gateshead, Tyne and Wear
United Kingdom

Luke 6:35 Galatians 6:10
Chilliwack, British Columbia
Canada

Dee

Project Shalom
Wellington, FL
United States

Alba
Los Angeles, CA
United States

Anonymous

Jørgen
Svenstrup, Denmark
Denmark

Renee-Lauren
Silver Spring, MD
United States

Shaun
Escanaba, MI
United States

Caitlin
Boston, MA
United States

Pete & Annie
Williamsburg, VA
United States

Chris
Marietta, GA
United States

Patricia
Santa Fe, NM
United States

jeroen
The Hague,
Netherlands

Pam
Poway, CA
United States

Ronald
Upper Rexton, New Brunswick
Canada

John
New York, NY
United States

Sean
Monroe, WA
United States

Rafael
Tiburon, CA
United States

Kimberley
Battle Ground, WA
United States

Anonymous
Toronto, Ontario
Canada

Rudiger
Bellevue, WA
United States

Wouter
Rancho Palos Verdes, CA
United States

Marcel
Haarlem,
Netherlands

Drew and daughter Molly
williamsville, NY
United States

Marcia
Madison, Wi
United States

Robin
Chicago, IL
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Jonathan
New York, NY
United States



Journal entries for Kinaawa C(i) Group


Loan has been disbursed
 
Entrepreneur: Kinaawa C(i) Group
Location: Kyengara, Uganda

Thank you for your loan. It has been disbursed to the Kinaawa C(i) group, consisting of Ruth Kajubi, Ruth Kakooza, Noeline Nakajuzi, Sophia Nsangi, Rehema Namuga 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 Kyengara, Uganda
Mar 23, 2008
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Kiva Help Repayment Schedule for Kinaawa C(i) Group

  Expected Repayments Actual Repayments Comments
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 $165.00 Repayment Received
January 2009 $166.67 $166.33 Repayment Received
February 2009 $166.67 $166.67 Repayment Received
March 2009 $166.67 $166.67 Repayment Received
April 2009 $166.67 $166.67 Repayment Received
May 2009 $166.63 $166.66 Repayment Received