Kitega F(i) Group
Status: Paid Back
| $2,000.00 | Loan Request | |
|---|---|---|
| $2,000.00 | Paid Back |
About the Group
| Group Name: | Kitega F(i) Group |
|---|---|
| Group Members: |
Irene Nakato Rose Nalukwago Fatumah Nalubega Suzan Mayanja Margret Namuli |
| Location: | Mukono, Uganda |
| Activity: | Laundry |
About the Loan
| Loan Amount: | $2,000.00 |
|---|---|
| Loan Use: | To invest in the businesses |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Apr 28, 2008 |
| Date Disbursed: | May 13, 2008 |
| Date Funded: | Apr 29, 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 |
Margret is joined in her small group by Suzan Mayanja, Rose Nalukwago, Irene Nakato, and Fatumah Nalubega. Suzan Mayanja is currently in the business of running a nursery school and is requesting a loan of UGX 1,000,000 to construct a new classroom. Rose Nalukwago is currently in the business of brick laying and is requesting a loan of UGX 500,000 to expand her brick business. Irene Nakato is currently in the business of selling used clothing. She is requesting a loan of UGX 400,000 to increase her stock. Fatumah Nalubega is currently in the salon business and is requesting a loan of UGX 500,000 to buy more hairdryers.
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 Kitega F(i) Group
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Loan has been disbursed
Location: Mukono, Uganda
|
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Posted by
from Mukono, Uganda
May 14, 2008 |
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Comments (1)
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Repayment Schedule for Kitega F(i) Group
Repayment Schedule for Kitega F(i) Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| 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 | $165.00 | 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 | $166.67 | $166.66 | Repayment Received
|
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| July 2009 | $166.63 | $166.66 | Repayment Received
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