Shell Ii 2085(a) Group


Status: Paid Back

$1,600.00   Loan Request
$1,600.00   Paid Back

About the Group

Group Name: Shell Ii 2085(a) Group
Group Members: Gertrude Namutebi
Christine Nakacwa
Lilian Nampala
Jane Wavamuno
Norah Nabadda
Location: Nansana, Uganda
Activity: Home Products Sales

About the Loan

Loan Amount: $1,600.00
Loan Use: To re-invest in the businesses
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 8, 2008
Date Disbursed: Mar 25, 2008
Date Funded:Mar 11, 2008
Loan Ended:May 4, 2009

About the Country

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



Norah is 25 years old and married with two children. She has a retail shop. Norah wants to use the extra business profits she earns to pay school fees for her children. She also wants to also start another business. Jane and Christine sell fresh foods. Gertrude sells second-hand clothes and wants to increase her inventory.


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

Nicco
Washington, DC
United States

Sean & Sawyer
incline village, nv
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AMIRALI
DALLAS, TEXAS
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Marguerite
Palo Alto, CA
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Susan
Dartmouth, Nova Scotia
Canada

Amir
Austin, TX
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Laurent D
Brussels,
Belgium

Ola

Darcy
Canton, OH
United States

Darryl
Nashville, TN
United States

Richard
Brentwood, TN
United States

Mauro
San Martino B.A., Verona
Italy

SNi
Cincinnati, OH
United States

courtney
brentwood, tn
United States

Craig & Mary
Pacific Grove, CA
United States

Andy
Fort Collins, CO
United States

joey
Toronto, Ontario
Canada

suzanne
Silverthorne, CO
United States

Alpesh Parikh
Hillsboro, OR
United States

Anonymous
Fremont, CA
United States

Neil
Eagle River, AK
United States

Anonymous
red deer, Alberta
Canada

Owen
Vancouver, British Columbia
Canada

InsureMe
Englewood, CO
United States

Lisa

Australia

Annette
Olsvik,
Norway

Susan and Brian
Forest Grove, OR
United States

Paula & Dennis
Lubbock, TX
United States

Lisa & Farhad
Juan Les Pins,
France

Anonymous
Oklahoma City, OK
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Anonymous
Edmonton, Alberta
Canada

Dave
Springfield, VA
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Aaron
Indianapolis, IN
United States



Journal entries for Shell Ii 2085(a) Group


Loan has been disbursed
 
Entrepreneur: Shell Ii 2085(a) Group
Location: Nansana, Uganda

Thank you for your loan. It has been disbursed to the Shell II 2085(a) group, consisting of Norah Nabadda, Jane Wavamuno, Lilian Nampala, Christine Nakacwa, Gertrude Namutebi 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 Nansana, Uganda
Mar 25, 2008
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Kiva Help Repayment Schedule for Shell Ii 2085(a) Group

  Expected Repayments Actual Repayments Comments
June 2008 $133.33 $134.00 Repayment Received
July 2008 $133.33 $134.00 Repayment Received
August 2008 $133.33 $134.00 Repayment Received
September 2008 $133.33 $134.00 Repayment Received
October 2008 $133.33 $134.00 Repayment Received
November 2008 $133.33 $134.00 Repayment Received
December 2008 $133.33 $130.00 Repayment Received
January 2009 $133.33 $132.67 Repayment Received
February 2009 $133.33 $133.33 Repayment Received
March 2009 $133.33 $133.33 Repayment Received
April 2009 $133.33 $133.33 Repayment Received
May 2009 $133.37 $133.34 Repayment Received