Kalungi E Group


Status: Paid Back

$1,175.00   Loan Request
$1,175.00   Paid Back

About the Group

Group Name: Kalungi E Group
Group Members: Annet Namagembe
Edith Nakazi
Robinah Nakate
Rebecca Kiconco
Leontina Ndagire
Location: Kasubi, Uganda
Activity: Used Clothing

About the Loan

Loan Amount: $1,175.00
Loan Use: To purchase more clothes for sale.
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 27, 2008
Date Disbursed: Feb 13, 2008
Date Funded:Jan 30, 2008
Loan Ended:Apr 8, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,705.0000 UGX = 1 USD



This group has been together for seven months. Leontina has a clothes selling business. She wants to use the extra business profits to increase capital by stocking more clothes. Annet makes and sells snacks and wants to use the loan to expand business. Edith has a public pay phone. Rebecca sells envelopes.

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

rita
vallejo, CA
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Reggie & Alison
Dayton, OH
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Mary
PA Furnace, PA
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Anthony and Vikki
Piscataway, NJ
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Mary
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MexicoMK
Colorado
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One Horizon Foundation
Lexington, KY
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Penny & David
Palo Alto, CA
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Yves
Liverpool, Merseyside
United Kingdom

Leslie
Yokosuka, Team Japan
Japan

beau
anaheim, CA
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Eric
Philadelphia, PA
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Joy
Abcoude,
Netherlands

Travis
Sunnyvale, CA
United States

Regina
Boston, MA
United States

Kathleen
Lititz, PA
United States

Anonymous
Newark, NJ
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Laura & Bruce
Weston, FL
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Pat
seattle, WA
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Pouya
Austin, TX
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Alex
Cambridge, MA
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Charlene
Victoria, BC
Canada

Rebecca
Clovelly, NSW
Australia

Brian
Haverhill, MA
United States

Robert
Lodi, CA
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Emily and Tejas
Chicago, IL
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Maureen
Tucson, AZ
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kathy
denver, CO
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Clare & Andrew
Darnestown, MD
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James
Monterey, CA
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Sarah
Huntington, WV
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Journal entries for Kalungi E Group


Loan has been disbursed
 
Entrepreneur: Kalungi E Group
Location: Kasubi, Uganda

Thank you for your loan. It has been disbursed to Leontina Ndagire
Rebecca Kiconco
Robinah Nakate
Edith Nakazi
Annet Namagembe 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 Kasubi, Uganda
Feb 14, 2008
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Kiva Help Repayment Schedule for Kalungi E Group

  Expected Repayments Actual Repayments Comments
May 2008 $97.92 $98.00 Repayment Received
June 2008 $97.92 $98.00 Repayment Received
July 2008 $97.92 $98.00 Repayment Received
August 2008 $97.92 $98.00 Repayment Received
September 2008 $97.92 $98.00 Repayment Received
October 2008 $97.92 $98.00 Repayment Received
November 2008 $97.92 $98.00 Repayment Received
December 2008 $97.92 $98.00 Repayment Received
January 2009 $97.92 $97.25 Repayment Received
February 2009 $97.92 $97.92 Repayment Received
March 2009 $97.92 $97.92 Repayment Received
April 2009 $97.88 $97.91 Repayment Received