Nankulabye A(v) Group


Status: Paid Back

$1,625.00   Loan Request
$1,625.00   Paid Back

About the Group

Group Name: Nankulabye A(v) Group
Group Members: Juliet Namukasa
Justine Nakku
Teddy Namazzi
Rose Ndagire
Nulu Namubiru
Location: Kasubi, Uganda
Activity: Beauty Salon

About the Loan

Loan Amount: $1,625.00
Loan Use: To purchase more salon equipment.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 19, 2008
Date Disbursed: Apr 5, 2008
Date Funded:Mar 22, 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. Nulu has a beauty salon. She wants to use the extra profits to buy a steamer. Rose and Teddy have bar businesses and want to use the loan to purchase more furniture. Juliet sells charcoal and wants to expand the 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

MiMi
washington, DC
United States

jean
Albuquerque, NM
United States

RMRG Hidalgo
Downingtown, PA
United States

elaine
manchester, Cheshire
United Kingdom

Anna Kristina
Oslo,
Norway

Anonymous
Urbana, IL
United States

Amber
Charlottesville, VA
United States

Sheila
Koszyce Male, Malopolskie
Poland

Nola
Kelowna, BC
Canada

Dee
Scottsdale, AZ
United States

Kurt
Monterey Park, CA
United States

Anonymous
Camarillo, CA
United States

Saylor
Lakewood, CO
United States

Julie
Charlotte, NC
United States

John
Irvington, NY
United States

Etayenesh
Rockville, MD
United States

Archana
New York, NY
United States

Anonymous
Alpine, TX
United States

Nathan
Phoenix, AZ
United States

Sam
Atlanta, GA
United States

Anonymous
San Francisco, CA
United States

Anju
Princeton Junction, NJ
United States

nancy
Washington, DC
United States

Gloria
Grovetown, GA
United States

Maria
STAR, ID
United States

Judith
Houston, TX
United States

Anonymous
Shrewsbury, MA
United States

Patrick
Alpharetta, GA
United States

Suresh
Centreville, VA
United States

Robynn
Williamsburg, MI
United States

Morgan
san jose, CA
United States

Kay
Sturgeon Bay, WI
United States

Riley
Charlotte, VT
United States

joel and holly
San Francisco, CA
United States

marie
Arlington, MA
United States

In memory of Tyler
Jenkintown, PA
United States

Laurel
Novato, CA
United States

Carin and Francis
Somerville, MA
United States

Christopher
New York, NY
United States

steve roh
philadelphia, pa
United States

Pitty Pat
Austin, TX
United States

William & Susie
San Diego, CA
United States



Journal entries for Nankulabye A(v) Group


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

Thank you for your loan. It has been disbursed to the Nankulabye A(v) group, consisting of Nulu Namubiru, Rose Ndagire, Teddy Namazzi, Justine Nakku, Juliet Namukasa 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 6, 2008
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Kiva Help Repayment Schedule for Nankulabye A(v) Group

  Expected Repayments Actual Repayments Comments
July 2008 $135.42 $136.00 Repayment Received
August 2008 $135.42 $136.00 Repayment Received
September 2008 $135.42 $136.00 Repayment Received
October 2008 $135.42 $136.00 Repayment Received
November 2008 $135.42 $136.00 Repayment Received
December 2008 $135.42 $136.00 Repayment Received
January 2009 $135.42 $131.92 Repayment Received
February 2009 $135.42 $135.42 Repayment Received
March 2009 $135.42 $135.42 Repayment Received
April 2009 $135.42 $135.42 Repayment Received
May 2009 $135.42 $135.42 Repayment Received
June 2009 $135.38 $135.40 Repayment Received