Namunina B(i) Group
Status: Paid Back
| $1,825.00 | Loan Request | |
|---|---|---|
| $1,825.00 | Paid Back |
About the Group
| Group Name: | Namunina B(i) Group |
|---|---|
| Group Members: |
Joyce Magala Fatumah Kayondo Lukia Mugambe Ronnah Benadet Mary Obbo |
| Location: | Mukono, Uganda |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $1,825.00 |
|---|---|
| Loan Use: | To expand the businesses |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Apr 22, 2008 |
| Date Disbursed: | May 16, 2008 |
| Date Funded: | May 2, 2008 |
| Loan Ended: | Jun 15, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | BRAC Uganda |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 23 months |
| Kiva Entrepreneurs: | 8418 |
| Total Loans: | $2,316,025 |
| 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: | 1,710.0000 UGX = 1 USD |
Mary is joined in her small group by Ronnah Benadet, Lukia Mugambe, Fatumah Kayondo, and Joyce Magala. Ronnah Benadet is currently in the sand business. She is requesting a loan of UGX 500,000 to re-invest in her business. Lukia Mugambe currently runs a retail shop and is requesting a loan of UGX 600,000 to increase her inventory stock. Fatumah Kayondo is currently in the restaurant business and is requesting a loan of UGX 500,000 to buy more furniture. Joyce Magala is currently in the piggery business. She is requesting a loan of UGX 500,000 to buy more piglets.
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 Namunina B(i) Group
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Loan has been disbursed
Location: Mukono, Uganda
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Posted by
from Mukono, Uganda
May 17, 2008 |
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Comment on this entry
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Repayment Schedule for Namunina B(i) Group
Repayment Schedule for Namunina B(i) Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2008 | $152.08 | $153.00 |  Repayment Received
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| September 2008 | $152.08 | $153.00 | Repayment Received
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| October 2008 | $152.08 | $153.00 | Repayment Received
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| November 2008 | $152.08 | $153.00 | Repayment Received
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| December 2008 | $152.08 | $153.00 | Repayment Received
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| January 2009 | $152.08 | $147.50 | Repayment Received
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| February 2009 | $152.08 | $152.08 | Repayment Received
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| March 2009 | $152.08 | $152.08 | Repayment Received
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| April 2009 | $152.08 | $152.08 | Repayment Received
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| May 2009 | $152.08 | $152.08 | Repayment Received
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| June 2009 | $152.08 | $152.08 | Repayment Received
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| July 2009 | $152.12 | $152.10 | Repayment Received
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