Kitea F(iv) Group
Status: Paid Back
| $2,000.00 | Loan Request | |
|---|---|---|
| $2,000.00 | Paid Back |
About the Group
| Group Name: | Kitea F(iv) Group |
|---|---|
| Group Members: |
Allen Mirembe Lazia Babi Agnes Nalunkuma Lillian Bukenya Rose Namataka |
| Location: | Mukono, Uganda |
| Activity: | Grocery Store |
About the Loan
| Loan Amount: | $2,000.00 |
|---|---|
| Loan Use: | To expand the businesses |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Apr 29, 2008 |
| Date Disbursed: | May 21, 2008 |
| Date Funded: | May 7, 2008 |
| Loan Ended: | Jun 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: | 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 |
Namataka is joined in her small group by Llillian Bukenya, Agnes Nalunkuma, Lazia Babi, and Mirembe Allen. Llillian Bukenya is currently in the business of running a salon and is requesting a loan of UGX 1,000,000 to buy more hairdryers. Agnes Nalunkuma is currently in the poultry business. She is requesting a loan of UGX 600,000 to finish the poultry house that is under construction. Lazia Babi is currently in the restaurant business and is requesting a loan of UGX 300,000 to expand her restaurant. Mirembe Allen is currently in the business of brick lying. Mirembe is requesting a loan of UGX 600,000 to re-invest in her brick 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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Journal entries for Kitea F(iv) Group
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Loan has been disbursed
Location: Mukono, Uganda
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Posted by
from Mukono, Uganda
May 21, 2008 |
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Comment on this entry
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Repayment Schedule for Kitea F(iv) Group
Repayment Schedule for Kitea F(iv) 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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