Shell Ii 2085(b) Group


Status: Paid Back

$1,300.00   Loan Request
$1,300.00   Paid Back

About the Group

Group Name: Shell Ii 2085(b) Group
Group Members: Betty Nabossa
Rebecca Namwanje
Sarah Nanyanzi
Safiwa Nakyanzi
Barbra Lwanga
Location: Nansana, Uganda
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $1,300.00
Loan Use: To buy cement and iron sheets and supply capital for the other businesses.
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 27, 2008
Date Disbursed: Feb 11, 2008
Date Funded:Jan 28, 2008
Loan Ended:Apr 8, 2009

About the Country

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



Barbra is married with two children. She also cares for four dependants. She wants to use the profits she earns from her business to buy a mortocycle for commercial purposes. Sarah sells fresh foods. Betty has a beauty salon and wants to use the loan to buy a hair dryer. Rebecca has a retail shop business. With the loan, she would like 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

Anonymous

Michael
Chesterfield, VA
United States

malcolm
Allentown, PA
United States

Asko
Helsinki,
Finland

Claus-Peter
www.kivafriends.org,
Germany

Alyssa
Santa Cruz, CA
United States

My Family
Walnut Creek, CA
United States

Jo J
Bella Vista, AR
United States

Judith
Portage, MI
United States

Sonia
Las Vegas, NV
United States

Sue
Hartland, WI
United States

Anonymous
El paso, TX
United States

K.C.
Saint Paul, MN
United States

Melissa
Arlington, VA
United States

Pablo
San Francisco, CA
United States

Katherine
San Francisco, CA
United States

Rezar & Elona
Syracuse, NY
United States

Holli
bellevue, WA
United States

sami
philadelphia, PA
United States

Carrie
Santa Monica, CA
United States

Márcia
Manaus, Amazonas
Brazil

Barbara
Cape Town,

Doug
Los Angeles, CA
United States

Lynn
Renton, WA
United States

Jay

Kao
Laval, Quebec
Canada

olivia
Beverly, MA
United States

Arthur
Rotterdam,

Jennifer
Sierra Vista, AZ
United States

Adam
Eastbourne, East Sussex
United Kingdom

Anonymous
North Little Rock, AR
United States



Journal entries for Shell Ii 2085(b) Group


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

Thank you for your loan. It has been disbursed to Barbra Lwanga
Safiwa Nakyanzi
Sarah Nanyanzi
Rebecca Namwanje
Betty Nabossa 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
Feb 11, 2008
Comments (1)

Kiva Help Repayment Schedule for Shell Ii 2085(b) Group

  Expected Repayments Actual Repayments Comments
May 2008 $108.33 $109.00 Repayment Received
June 2008 $108.33 $109.00 Repayment Received
July 2008 $108.33 $109.00 Repayment Received
August 2008 $108.33 $109.00 Repayment Received
September 2008 $108.33 $109.00 Repayment Received
October 2008 $108.33 $109.00 Repayment Received
November 2008 $108.33 $109.00 Repayment Received
December 2008 $108.33 $109.00 Repayment Received
January 2009 $108.33 $103.00 Repayment Received
February 2009 $108.33 $108.33 Repayment Received
March 2009 $108.33 $108.33 Repayment Received
April 2009 $108.37 $108.34 Repayment Received