Nankulabye B(ii) Group


Status: Paid Back

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

About the Group

Group Name: Nankulabye B(ii) Group
Group Members: Monica Birungi
Suzan Ahereza
Maureen Namigadde
Mariam Nalubowa
Mastula Nalukenge
Location: Kasubi, Uganda
Activity: Grocery Store

About the Loan

Loan Amount: $2,000.00
Loan Use: To add in business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 19, 2008
Date Disbursed: Apr 4, 2008
Date Funded:Mar 21, 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



Mastula has a grocery store. With the extra business profits, she intends to buy a plot of land and build a house. Suzan sells used clothes and wants to use the loan to expand business. Maureen has a cosmetic shop while Mariam sells fruits and vegetables.

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

Rebecca
Calgary, Alberta
Canada

Anonymous
Birmingham, AL
United States

Anonymous
neenah, WI
United States

ELIZABETH
SANTA ROSA, CA
United States

Schultz Family
Cazenovia, NY
United States

MiMi
washington, DC
United States

Erin
Washington, DC
United States

tricia
Long Beach,, CA
United States

jean
Albuquerque, NM
United States

Mary
Cary, IL
United States

Nicole
Kufstein, Tirol
Austria

Janet
Ruidoso, NM
United States

Cheryl
Derby, Derbyshire
United Kingdom

Pamoja.org
Vancouver, BC
Canada

Julia
Hayward, CA
United States

Kim
Waipahu, HI
United States

Bart
Layton, UT
United States

Robert
Toronto, Ontario
Canada

Royce
Alexandria, VA
United States

Jamie
London, London
United Kingdom

Craig
Orinda, CA
United States

Lawrence
houston, TX
United States

Blair
Midway City, CA
United States

Maureen
Tacoma, WA
United States

Xavier
Campbell River, British Columbia
Canada

[ ACBNYC ]
New York, NY
United States

Nancy
St Louis Park, MN
United States

richard & kris
port orchard, WA
United States

Alex
Cambridge, MA
United States

Anthony
New York, NY
United States

Kathleen
Gaithersburg, MD
United States

Karen
Edmonton, Alberta
Canada

Prashant Chaudhary
San Francisco, CA
United States

Monika
Stockholm, Sweden
Sweden

Melanie
Rotterdam,
Netherlands

Ronald
highland park, NJ
United States

Rebecca
Fort Worth, TX
United States

Jerome
Manheim, PA
United States

Mark Jones
London, London
United Kingdom

francesco
napoli, italy
Italy

Andromeda
Snellville, GA
United States

Phil
marblehead, MA
United States

Roy
Gainesville, FL
United States

Iron Sheik
ABADAN, Abadan
United States

Kathy
Springfield, MO
United States



Journal entries for Nankulabye B(ii) Group


Loan has been disbursed
 
Entrepreneur: Nankulabye B(ii) Group
Location: Kasubi, Uganda

Thank you for your loan. It has been disbursed to the Nankulabye B(ii) group, consisting of Mastula Nalukenge, Mariam Nalubowa, Maureen Namigadde, Suzan Ahereza, Monica Birungi 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
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Kiva Help Repayment Schedule for Nankulabye B(ii) Group

  Expected Repayments Actual Repayments Comments
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 $167.00 Repayment Received
January 2009 $166.67 $164.67 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 $166.67 $166.67 Repayment Received
June 2009 $166.63 $166.65 Repayment Received