Mutundwe 2b(i) Group
Status: Paid Back
| $2,000.00 | Loan Request | |
|---|---|---|
| $2,000.00 | Paid Back |
About the Group
| Group Name: | Mutundwe 2b(i) Group |
|---|---|
| Group Members: |
Jana Nsubuga Leo Nabutto Resty Ssegani Pauline Lubuzi Cossy Byansi |
| Location: | Nateete, Uganda |
| Activity: | Poultry |
About the Loan
| Loan Amount: | $2,000.00 |
|---|---|
| Loan Use: | to invest in their businesses |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Mar 29, 2008 |
| Date Disbursed: | Apr 13, 2008 |
| Date Funded: | Mar 30, 2008 |
| Loan Ended: | May 15, 2009 |
About the Field Partner
About the Field Partner
|
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| Field Partner: | BRAC Uganda |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 23 months |
| Kiva Entrepreneurs: | 8428 |
| Total Loans: | $2,317,800 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Uganda |
|---|---|
| Avg Annual Income: | $1,700.00 |
| Currency: | Uganda Shillings (UGX) |
| Exchange Rate: | 1,705.0000 UGX = 1 USD |
Pauline has a piggery business and wants to use the loan to expand the business.
Leo runs a small hotel and Jana provides tailoring services.
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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Journal entries for Mutundwe 2b(i) Group
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Loan has been disbursed
Location: Nateete, Uganda
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Posted by
from Nateete, Uganda
Apr 13, 2008 |
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Comments (2)
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Repayment Schedule for Mutundwe 2b(i) Group
Repayment Schedule for Mutundwe 2b(i) Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| July 2008 | $166.67 | $167.00 |  Repayment Received
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| August 2008 | $166.67 | $167.00 | Repayment Received
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| September 2008 | $166.67 | $167.00 | Repayment Received
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| October 2008 | $166.67 | $167.00 | Repayment Received
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| November 2008 | $166.67 | $167.00 | Repayment Received
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| December 2008 | $166.67 | $167.00 | Repayment Received
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| January 2009 | $166.67 | $164.67 | Repayment Received
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| February 2009 | $166.67 | $166.67 | Repayment Received
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| March 2009 | $166.67 | $166.67 | Repayment Received
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| April 2009 | $166.67 | $166.67 | Repayment Received
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| May 2009 | $166.67 | $166.67 | Repayment Received
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| June 2009 | $166.63 | $166.65 | Repayment Received
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