Katogo A(i) Group

Status: Paid Back

$875.00		Loan Request
$875.00		Paid Back

About the Group

Group Name:	Katogo A(i) Group
Group Members:	Margret Namugenyi Teo Namuwaya Jalia Nakanwagi Irene Nandutu Regina Bayiyana
Location:	Kalerwe, Uganda
Activity:	Catering

About the Loan

Loan Amount:	$875.00
Loan Use:	To purchase more chicken
Repayment Term:	15 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Jan 27, 2008
Date Disbursed:	Feb 10, 2008
Date Funded:	Jan 27, 2008
Loan Ended:	Apr 8, 2009

About the Field Partner

Field Partner:

BRAC Uganda

Field Partner Risk Rating:

(Learn more)

Active

23 months

8428

$2,317,800

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Uganda
Avg Annual Income:	$1,700.00
Currency:	Uganda Shillings (UGX)
Exchange Rate:	1,705.0000 UGX = 1 USD

Regina is a 48 year old widow with seven children. Only one child goes to school. Her current business is chicken roasting. Regina sees a business opportunity of starting up her own poultry farm to reduce the costs of buying chicken. She wants to use the extra profits to buy a plot of land and construct as house for orphans. Irene and Jalia sell second hand clothes and want to use the loan to increase stock. Margret has a grocery store while Teo sells raw foods in the market.

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

Lenders to this group

Stephen
Dallas, TX
United States

Judith

Jessica
Halifax, Nova Scotia
Canada

Christian
Kansas City, MO
United States

christopher
denver, CO
United States

kristl
red creek, NY
United States

Kathi and Terry
philomath, OR
United States

Paul
Avon, IN
United States

Anonymous
The Dalles, OR
United States

Izzie
Brooklyn, NY
United States

Anonymous
Glenwood Springs, CO
United States

Joe
Schaumburg, IL
United States

Journal entries for Katogo A(i) Group

Loan has been disbursed Entrepreneur: Katogo A(i) Group Location: Kalerwe, Uganda Thank you for your loan. It has been disbursed to Regina Bayiyana Irene Nandutu Jalia Nakanwagi Teo Namuwaya Margret Namugenyi 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 Kalerwe, Uganda Feb 10, 2008
Comment on this entry

Repayment Schedule for Katogo A(i) Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
May 2008	$72.92	$73.00	Repayment Received
June 2008	$72.92	$73.00	Repayment Received
July 2008	$72.92	$73.00	Repayment Received
August 2008	$72.92	$73.00	Repayment Received
September 2008	$72.92	$73.00	Repayment Received
October 2008	$72.92	$73.00	Repayment Received
November 2008	$72.92	$73.00	Repayment Received
December 2008	$72.92	$73.00	Repayment Received
January 2009	$72.92	$72.25	Repayment Received
February 2009	$72.92	$72.92	Repayment Received
March 2009	$72.92	$72.92	Repayment Received
April 2009	$72.88	$72.91	Repayment Received