Wambizzi A Group


Status: Paid Back

$550.00   Loan Request
$550.00   Paid Back

About the Group

Group Name: Wambizzi A Group
Group Members: Safinah Naanjja
Scovia Nabukenya
Justine Sanyu
Nakato Kanyike
Josephine Nakanyike
Location: Nateete, Uganda
Activity: Home Products Sales

About the Loan

Loan Amount: $550.00
Loan Use: To increase stock in the shop
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 5, 2008
Date Disbursed: Apr 19, 2008
Date Funded:Apr 5, 2008
Loan Ended:May 15, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,710.0000 UGX = 1 USD



Josephine has a retail shop business. She intends to use the extra business profits to cater to the family and also open up an account and save some. Nakato sells charcoal and wants to use the loan to expand business. Safinah sells new clothes and wants to use the loan to add stock.



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

Subscribe

Lenders to this group

Amy
Naperville, IL
United States

Jefferson & Caroline
Los Angeles, CA
United States

Sandra
Sausalito, CA
United States

Anonymous
Nixa, MO
United States

The Williams
Edmonton, Alberta
Canada

Tom
Beverly Hills, Ca.
United States

Curtis
Carlsbad, CA
United States

Michael
Hopewell Junction, NY
United States

Richard
memphis, TN
United States

Jerry
Miami, FL
United States

Timothy
Austin, TX
United States



Journal entries for Wambizzi A Group


Loan has been disbursed
 
Entrepreneur: Wambizzi A Group
Location: Nateete, Uganda

Thank you for your loan. It has been disbursed to the Wambizzi a group, consisting of Josephine Nakanyike, Nakato Kanyike, Justine Sanyu, Scovia Nabukenya, Safinah Naanjja 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 Nateete, Uganda
Apr 20, 2008
Comment on this entry

Kiva Help Repayment Schedule for Wambizzi A Group

  Expected Repayments Actual Repayments Comments
July 2008 $45.83 $46.00 Repayment Received
August 2008 $45.83 $46.00 Repayment Received
September 2008 $45.83 $46.00 Repayment Received
October 2008 $45.83 $46.00 Repayment Received
November 2008 $45.83 $46.00 Repayment Received
December 2008 $45.83 $46.00 Repayment Received
January 2009 $45.83 $44.83 Repayment Received
February 2009 $45.83 $45.83 Repayment Received
March 2009 $45.83 $45.83 Repayment Received
April 2009 $45.83 $45.83 Repayment Received
May 2009 $45.83 $45.83 Repayment Received
June 2009 $45.87 $45.85 Repayment Received