Gulu D 2002 (iv) Group


Status: Paid Back

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

About the Group

Group Name: Gulu D 2002 (iv) Group
Group Members: Flavia Nassiwa
Teo Nalumosa
Hellen Nakazibwe
Zam Namirembe
Betty Atim
Location: Mukono, Uganda
Activity: Food Market

About the Loan

Loan Amount: $2,000.00
Loan Use: To purchase more food for sale.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 23, 2008
Date Disbursed: Apr 8, 2008
Date Funded:Mar 25, 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 one year and a half. Betty is married with six children. She sells raw food in the market. She wants to use the extra profits to pay school fees for her children and take care of her family.

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

Marius
Montreal, Quebec
Canada

Jan Piet
Vaassen,
Netherlands

Monica
Mineral Point, WI
United States

Mazy Gray
Mountain View, CA
United States

Jennifer
Toronto, Ontario
Canada

michael
Toronto, Ontario
Canada

George & Linda
Evergreen, CO
United States

Lynn
Charlottesville, VA
United States

AVID--2010
Mesa, AZ
United States

susan
Alameda, CA
United States

DeAnne
Bothell, WA
United States

Schmutzie
Regina, Saskatchewan
Canada

Christopher & Mory
Fremont, CA
United States

Alec
Falls Church, VA
United States

DAVID
Abu Dhabi, Abu Dhabi
United Arab Emirates

Mallory
Victoria, British Columbia
Canada

Kelli
Louisville, MS
United States

John
Penzance, Cornwall
United Kingdom

Soli Deo Gloria
Atlanta, GA
United States

Patsy
Chanhassen, MN
United States

Sebastien
RENWEZ,
France

LTE
KivaFriends.org, Worplesdon, Surrey
United Kingdom

Elizabeth
Anjou, Quebec
Canada

Dara
Gaithersburg, MD
United States

Global Health Alliance
Tucson, Arizona
United States

Simone
St petersburg, FL
United States

PavanKumar
Schenectady, NY
United States

Brian
Aldergrove, British Columbia
Canada

Janet
Anchorage, AK
United States

Pam
Spokane, WA
United States

earl
richmond, VA
United States

The Trevisans
Tyrone, GA
United States

Marie
East Greenwich, RI
United States

Chester
Houston, TX
United States

Elizabeth
Sewanee, TN
United States

Anonymous
Toledo, OH
United States

Vincent & Jeanne
Brooklyn, New York
United States

Jonathan
Houston, TX
United States

Karen
San Francisco, CA
United States

13Fish
Claremont, CA
United States



Journal entries for Gulu D 2002 (iv) Group


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

Thank you for your loan. It has been disbursed to the Gulu D 2002 (iv) group, consisting of Betty Atim, Zam Namirembe, Hellen Nakazibwe, Teo Nalumosa, Flavia Nassiwa 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 8, 2008
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Kiva Help Repayment Schedule for Gulu D 2002 (iv) 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