Nankulabye A(iii) Group


Status: Paid Back

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

About the Group

Group Name: Nankulabye A(iii) Group
Group Members: Prossy Lutaaya
Gladys Ssemuge
Eva Nannozi
Macksensia Namubiru
Hadija Nalubowa
Location: Kasubi, Uganda
Activity: Used Clothing

About the Loan

Loan Amount: $1,175.00
Loan Use: To add in cloth business.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 19, 2008
Date Disbursed: Apr 3, 2008
Date Funded:Mar 20, 2008
Loan Ended:May 15, 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. Hadijah and Gladys sell used clothes. Prossy has a retail shop business. Eva has a grocery store while Macksensia has a hotel business.

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

Sue
Middletown, CT
United States

Kakbank
Uppsala,
Sweden

Kerry
Gatineau, Quebec
Canada

Luci
Baltimore, MD
United States

Sasha
Tucson, Arizona
United States

MiMi
washington, DC
United States

cecilia
yuba city, CA
United States

Anonymous
Australia
Australia

Andee
Austin, TX
United States

Fred
Santa Fe, NM
United States

Patrizia
Weisslingen,
Switzerland

Alice
Chicago, IL
United States

MaryAnn
Wellesley, MA
United States

Patrick
Manly, New South Wales
Australia

Larry
Mill Creek, WA
United States

Chris
Keller, TX
United States

Cheryl
Derby, Derbyshire
United Kingdom

LHS Tigers
Lakewood, CO
United States

The Vargas-Perez Family
Mayaguez, PR
Puerto Rico

Elizabeth
Anjou, Quebec
Canada

Shannon
Baltimore, MD
United States

Megan
Goodlettsville, TN
United States

amy
pasadena, CA
United States

Nancy
Sitka, AK
United States

Anonymous
Farmingdale, ME
United States



Journal entries for Nankulabye A(iii) Group


Loan has been disbursed
 
Entrepreneur: Nankulabye A(iii) Group
Location: Kasubi, Uganda

Thank you for your loan. It has been disbursed to the Nankulabye A(iii) group, consisting of Hadija Nalubowa, Macksensia Namubiru, Eva Nannozi, Gladys Ssemuge, Prossy Lutaaya 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
Apr 4, 2008
Comments (1)

Kiva Help Repayment Schedule for Nankulabye A(iii) Group

  Expected Repayments Actual Repayments Comments
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 $97.42 Repayment Received
February 2009 $97.92 $97.92 Repayment Received
March 2009 $97.92 $97.92 Repayment Received
April 2009 $97.92 $97.92 Repayment Received
May 2009 $97.92 $97.92 Repayment Received
June 2009 $97.88 $97.90 Repayment Received