Upper Kawuga A(2061) B Group


Status: Paid Back

$2,000.00   Loan Request
$2,000.00   Paid Back

About the Group

Group Name: Upper Kawuga A(2061) B Group
Group Members: Janet Sumba
Madina Nabatanzi
Joyce Mbaga
Ruth Male
Sharon Sekaja
Location: Mukono, Uganda
Activity: Home Products Sales

About the Loan

Loan Amount: $2,000.00
Loan Use: To re-invest in the businesses
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 29, 2008
Date Disbursed: May 25, 2008
Date Funded:May 11, 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 Sharon Sekaja. She is currently in the business of running a retail shop. She is requesting a loan of UGX 400,000 to increase her stock. Sharon is 25 years old and she is married. She has 2 children who are 2 and 6. Both children go to school. Each week, Sharon makes approximately UGX 30,000 in profits from her business. With the extra profits she earns as a result of her loan, she hopes to be able to pay school fees for her children


Sharon is joined in her small group by Ruth Male, Joyce Mbaga, Madina Nabatanzi, and Janet Sumba. Ruth Male is currently in the business of brick lying and is requesting a loan of UGX 800,000 to re-invest in her brick business. Joyce Mbaga currently runs a retail shop. She is requesting a loan of UGX 1,000,000 to add to her inventory stock. Madina Nabatanzi is currently in the business of selling spare parts and is requesting a loan of UGX 1,000,000 to add to her business. Janet Sumba currently runs a commercial motorcyle business. Janet is requesting a loan of UGX 400,000 to buy another motorcycle.



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

Julia
Marlborough, NH
United States

Christine
Toronto, Ontario
Canada

Anonymous
Cary, NC
United States

Linda
Sun City West, AZ
United States

patricia
glendale, CA
United States

Danielle
Huy,
Belgium

Katie
San Antonio, TX
United States

Robert
Oakland, CA
United States

sharon
Brooklyn, NY
United States

Vicki
Milpitas, CA
United States

Laurent D
Brussels,
Belgium

Carol
Hudson, Ohio
United States

Karen
Ithaca, NY
United States

Jo and Manny
Fitzroy, Victoria
Australia

Richard Drdul
Vancouver, BC
Canada

Beverly
SCOTTSDALE, AZ
United States

Luis Orellana
Los Angeles, CA
United States

Shin

Japan

Gobeil Barnabe Families
Winnipeg, Manitoba
Canada

Rudy
Northridge, CA
United States

Marianne Garver
Petronila, TX
United States

Tanice
Weyburn, Saskatchewan
Canada

Carlos
Arlington, VA
United States

Rylona Watson
New York, NY
United States

Rie
Irvine, CA
United States



Journal entries for Upper Kawuga A(2061) B Group


Loan has been disbursed
 
Entrepreneur: Upper Kawuga A(2061) B Group
Location: Mukono, Uganda

Thank you for your loan. It has been disbursed to the Upper Kawuga A(2061) b group, consisting of Sharon Sekaja, Ruth Male, Joyce Mbaga, Madina Nabatanzi, Janet Sumba 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 25, 2008
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Kiva Help Repayment Schedule for Upper Kawuga A(2061) B Group

  Expected Repayments Actual Repayments Comments
August 2008 $166.67 $167.00 Repayment Received
September 2008 $166.67 $167.00 Repayment Received
October 2008 $166.67 $167.00 Repayment Received
November 2008 $166.67 $167.00 Repayment Received
December 2008 $166.67 $166.00 Repayment Received
January 2009 $166.67 $166.00 Repayment Received
February 2009 $166.67 $166.67 Repayment Received
March 2009 $166.67 $166.67 Repayment Received
April 2009 $166.67 $166.67 Repayment Received
May 2009 $166.67 $166.67 Repayment Received
June 2009 $166.67 $166.66 Repayment Received
July 2009 $166.63 $166.66 Repayment Received