Kikooza G(vii) Group


Status: Paid Back

$900.00   Loan Request
$900.00   Paid Back

About the Group

Group Name: Kikooza G(vii) Group
Group Members: Desire Nakanwagi
Desire Mukakalisa
Scolastica Babirye
Zebulensi Rwenono
Annet Nawagi
Location: Mukono, Uganda
Activity: Quarrying

About the Loan

Loan Amount: $900.00
Loan Use: To buy more land to expand the stone quarry business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 21, 2008
Date Disbursed: May 12, 2008
Date Funded:Apr 28, 2008
Loan Ended:Jun 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



The group leader of this small group is Annet Nakanwagi. She is currently in the business of stone quarrying and is requesting a loan of UGX 300000 to re-invest in the stone business. Annet is 38 years old. She has 6 children ranging from age 4 to 20, and her children go to school. Each week, Annet makes approximately UGX in profits and with the extra profits from her loan, she hopes to be able to expand her business. Annet is joined in her small group by Zebulensi Rweneno, Scolastica Babirye, Desire Mukakalisa, and Christine Nakanwagi. Zebulensi Rweneno is currently in the business of stone quarrying and is requesting a loan of UGX 300000 to expand her stone business. Scolastica Babirye is currently in the business of stone quarrying and is requesting a loan of UGX 300000 to buy more land for stone quarrying. Desire Mukakalisa is currently in the business of stone quarrying and is requesting a loan of UGX 300000 to re-invest in her stone business. Christine Nakanwagi is currently in the business of stone quarrying and is requesting a loan of UGX 300000 to expand her stone quarry business.



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

Katy
Washington, DC
United States

Kathryn
Oakland, CA
United States

Marilyn
Brooklyn, NY
United States

Cathy
Nanaimo, British Columbia
Canada

Mount Madonna School
Watsonville, CA
United States

Giorgio
Exeter, NH
United States

Glennis
Vernon, British Columbia
Canada

Heather
Canyon Country, CA
United States

John
Carouge, GE
Switzerland

Peter
Ottawa, Ontario
Canada

midlakewinter
Somerville, MA
United States

Brigid
Morgan Hill, CA
United States

Lynda
Winnipeg, Manitoba
Canada

Amy
Golden, CO
United States

Jan
San Jose, CA
United States

Wu Rui-Liang
Eindhoven,
Netherlands

Corinne
Claremont, NH
United States

Terry
West Plains, MO
United States

Doug & Carrie Ann
Mentor, OH
United States

Wallis
Brooklyn, NY
United States

Robert
Antioch, CA
United States

Anonymous
brooklyn, NY
United States

Jack
Pleasant Hill, CA
United States

Robert
Calgary, Alberta
Canada



Journal entries for Kikooza G(vii) Group


Loan has been disbursed
 
Entrepreneur: Kikooza G(vii) Group
Location: Mukono, Uganda

Thank you for your loan. It has been disbursed to the Kikooza G(vii) group, consisting of Annet Nawagi, Zebulensi Rwenono, Scolastica Babirye, Desire Mukakalisa, Desire Nakanwagi 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
May 13, 2008
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Kiva Help Repayment Schedule for Kikooza G(vii) Group

  Expected Repayments Actual Repayments Comments
August 2008 $75.00 $75.00 Repayment Received
September 2008 $75.00 $75.00 Repayment Received
October 2008 $75.00 $75.00 Repayment Received
November 2008 $75.00 $75.00 Repayment Received
December 2008 $75.00 $75.00 Repayment Received
January 2009 $75.00 $75.00 Repayment Received
February 2009 $75.00 $75.00 Repayment Received
March 2009 $75.00 $75.00 Repayment Received
April 2009 $75.00 $75.00 Repayment Received
May 2009 $75.00 $75.00 Repayment Received
June 2009 $75.00 $74.99 Repayment Received
July 2009 $75.00 $75.01 Repayment Received