Gulu D 2002 (iii) Group


Status: Paid Back

$1,900.00   Loan Request
$1,900.00   Paid Back

About the Group

Group Name: Gulu D 2002 (iii) Group
Group Members: Brenda Nabanoba
Ahero Nankya
Stella Mukasa
Mary Nakyoba
Tadeo Nalongo
Location: Mukono, Uganda
Activity: Grocery Store

About the Loan

Loan Amount: $1,900.00
Loan Use: To purchase more grocery items
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 23, 2008
Date Disbursed: Apr 7, 2008
Date Funded:Mar 24, 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



Tadeo is a 40 year old widow with eight children. She has a grocery store. She wants to use the extra profits to pay school fees for the children and also buy a plot of land.

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

Tara
Portland, OR
United States

Nona
Harrisburg, PA
United States

Jay & Abby
Redington Beach, FL
United States

susan
thurlstone, South Yorkshire
United Kingdom

Melissa
Glen Ellyn, IL
United States

Anonymous
Owego, NY
United States

Christopher
London,
United Kingdom

Mike
Media, PA
United States

Erika
Brasilia DF, Distrito Federal

Good Dogg
Front Porch, www.kivafriends.org
United States

Vance
Great Falls, MT
United States

Judy
Tulsa, OK
United States

Noor & Mohammed & Jenn
Tucson, AZ
United States

Blaine
Wichita, KS
United States

Marshall
West Hollywood, CA
United States

Margo
Menlo Park, CA
United States

Terry & Kathy
Osceola, NE
United States

Laurie
Raleigh, NC
United States

Jan Piet
Vaassen,
Netherlands

Rick
Towson, MD
United States

Kim
Rockford, IL
United States

Paul
Camberley, Surrey
United Kingdom

michael
Toronto, Ontario
Canada

Mike
Silver Spring, MD
United States

Shane
Denver, NC
United States

Margaret kivafriends.org
Fairfield County, Connecticut
United States

Timothy
Orlando, FL
United States

David
Highlands, Scotland
United Kingdom

Pat
Newmarket, Ontario
Canada

Philip & Nancy
Charlotte, NC
United States

Henk J.Th. van Stokkom
Dordrecht NL, AK
Netherlands

Rob
Swampscott, MA
United States

Anonymous
Guaynabo, PR
Puerto Rico

Anonymous
decatur, GA
United States

Kyle
Herndon, VA
United States

Mikey
Schaumburg, IL
United States

Monica
Mineral Point, WI
United States

Celeste
New York, NY
United States



Journal entries for Gulu D 2002 (iii) Group


Loan has been disbursed
 
Entrepreneur: Gulu D 2002 (iii) Group
Location: Mukono, Uganda

Thank you for your loan. It has been disbursed to the Gulu D 2002 (iii) group, consisting of Tadeo Nalongo, Mary Nakyoba, Stella Mukasa, Ahero Nankya, Brenda Nabanoba 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 Mukono, Uganda
Apr 7, 2008
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Kiva Help Repayment Schedule for Gulu D 2002 (iii) Group

  Expected Repayments Actual Repayments Comments
July 2008 $158.33 $159.00 Repayment Received
August 2008 $158.33 $159.00 Repayment Received
September 2008 $158.33 $159.00 Repayment Received
October 2008 $158.33 $159.00 Repayment Received
November 2008 $158.33 $159.00 Repayment Received
December 2008 $158.33 $159.00 Repayment Received
January 2009 $158.33 $154.33 Repayment Received
February 2009 $158.33 $158.33 Repayment Received
March 2009 $158.33 $158.33 Repayment Received
April 2009 $158.33 $158.33 Repayment Received
May 2009 $158.33 $158.33 Repayment Received
June 2009 $158.37 $158.35 Repayment Received