Naureen Lubowa's Group
Status: Paid Back
| $1,750.00 | Loan Request | |
|---|---|---|
| $1,750.00 | Paid Back |
About the Group
| Group Name: | Naureen Lubowa's Group |
|---|---|
| Group Members: |
Irene Nakato Rose Kukiriza Jane Nandawula Nastar Nanono Naureen Lubowa |
| Location: | Kyengara, Uganda |
| Activity: | Timber Sales |
About the Loan
| Loan Amount: | $1,750.00 |
|---|---|
| Loan Use: | To expand business |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Feb 5, 2008 |
| Date Disbursed: | Feb 24, 2008 |
| Date Funded: | Feb 10, 2008 |
| Loan Ended: | Apr 8, 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: | 1,720.0000 UGX = 1 USD |
Naureen is 30 years old and married. Her husband sells timber. She has 2 children; both go to school. Each week, Naureen makes approximately UGX 50,000 in profits. With the extra profits from her loan, she hopes to be able to begin another business.
Naureen is joined in her small group by Nastar Nanono, Jane Nandawula, Rose Kukiriza, and Irene Nakato. Nastar Nanono is currently in the business of tending bar and is requesting a loan of UGX 1,000,000 to expand her business. Jane Nandawula is currently in the business of tending bar and is requesting a loan of UGX 300,000 to expand her business. Rose Kukiriza is currently in the business of carpentry and is requesting a loan of UGX 700,000 to expand her business. Irene Nakato is currently in the business of running a salon and is requesting a loan of UGX 500,000 to expand her 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 Naureen Lubowa's Group
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Loan has been disbursed
Location: Kyengara, Uganda
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Posted by
from Kyengara, Uganda
Feb 24, 2008 |
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Comment on this entry
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Repayment Schedule for Naureen Lubowa's Group
Repayment Schedule for Naureen Lubowa's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| May 2008 | $145.83 | $146.00 |  Repayment Received
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| June 2008 | $145.83 | $146.00 | Repayment Received
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| July 2008 | $145.83 | $146.00 | Repayment Received
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| August 2008 | $145.83 | $146.00 | Repayment Received
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| September 2008 | $145.83 | $146.00 | Repayment Received
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| October 2008 | $145.83 | $146.00 | Repayment Received
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| November 2008 | $145.83 | $146.00 | Repayment Received
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| December 2008 | $145.83 | $145.00 | Repayment Received
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| January 2009 | $145.83 | $145.50 | Repayment Received
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| February 2009 | $145.83 | $145.83 | Repayment Received
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| March 2009 | $145.83 | $145.83 | Repayment Received
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| April 2009 | $145.87 | $145.84 | Repayment Received
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