Ggulu A(2041) Group


Status: Paid Back

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

About the Group

Group Name: Ggulu A(2041) Group
Group Members: Halima Namuli
Zariah Namutebi
Asiah Nalubega
Topista Nakato
Rose Nankya
Location: Mukono, Uganda
Activity: Poultry

About the Loan

Loan Amount: $2,000.00
Loan Use: To expand poultry business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 2, 2008
Date Disbursed: Feb 16, 2008
Date Funded:Feb 2, 2008
Loan Ended:Apr 8, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,730.0000 UGX = 1 USD



The group leader of this small group is Rose Nankya. She is currently in the poultry business and is requesting a loan to purchase more poultry feeds. Rose is 40 years old a single mother of five children ranging from age 5 to 20. Her children go to school. Each week, Rose makes approximately UGX 30000 in profits and with the extra profits from her loan, she hopes to be able to pay school fees for the children.

Rose is joined in her small group by Topista Nakato, Asiah Nalubega, Zariah Namutebi, and Halima Namuli. Topista Nakato is currently in the piggery business and is requesting a loan to buy more piglets. Asiah Nalubega is currently in the business of used clothing and is requesting a loan to increase stock. Zariah Namutebi is currently in the business of fishing and is requesting a loan to invest in her business. Halima Namuli is currently in the business of fresh foods and is requesting a loan to purchase more foods for sale.



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

Max and Lynnie
Brunswick, ME
United States

Sarah

Australia

Lilian
Carrickfergus, Co. Antrim
United Kingdom

Rebecca
Springfield, MA
United States

Bill
Broomfield, CO
United States

Jeff
New York, NY
United States

Patricia
Port Orange, FL
United States

Stuart
Palo Alto, CA
United States

Shanti
Saint Louis, MO
United States

VICKIE
DURHAM, CA
United States

David
New York, NY
United States

Montecito
Santa Barbara, CA
United States

Bill
Sydney, New South Wales
Australia

Heidi
Colorado Springs, CO
United States

Bobbu
Washington, DC
United States

Anonymous
Santa Rosa, CA
United States

Wendy
Converse, TX
United States

Marques Family
Los Angeles, CA
United States

Chris
Phoenix, AZ
United States

Phillip
Fayetteville, NC
United States

Shaun
Hamilton, New Zealand
New Zealand

Sérgio
Amadora, Lisboa
Portugal

Laura
Durham, NC
United States

Anna
Charlotte, NC
United States

Philip
Overland Park, KS
United States

Rick
vacaville, CA
United States

Barbara
Salinas, CA
United States

Michelle
Ottawa, Ontario
Canada

Jane
Saskatoon, Saskatchewan
Canada

John and Sandra
Seattle, WA
United States

suzanne
anchorage, AK
United States

Tom & Amy
Vacaville, California
United States

Gary
Honolulu, HI
United States

Anonymous
Davis, CA
United States

Anonymous

Tsuyoshi
Kyoto, 
Japan

Michelle
Portland, OR
United States



Journal entries for Ggulu A(2041) Group


Loan has been disbursed
 
Entrepreneur: Ggulu A(2041) Group
Location: Mukono, Uganda

Thank you for your loan. It has been disbursed to Rose Nankya
Topista Nakato
Asiah Nalubega
Zariah Namutebi
Halima Namuli 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
Feb 17, 2008
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Kiva Help Repayment Schedule for Ggulu A(2041) Group

  Expected Repayments Actual Repayments Comments
May 2008 $166.67 $167.00 Repayment Received
June 2008 $166.67 $167.00 Repayment Received
July 2008 $166.67 $167.00 Repayment Received
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 $167.00 Repayment Received
January 2009 $166.67 $164.00 Repayment Received
February 2009 $166.67 $166.67 Repayment Received
March 2009 $166.67 $166.67 Repayment Received
April 2009 $166.63 $166.66 Repayment Received