Banda B7 B Group


Status: Paid Back

$1,350.00   Loan Request
$1,350.00   Paid Back

About the Group

Group Name: Banda B7 B Group
Group Members: Shamim Mulisa
Scovia Mbazira
Kizza Annet
Rose Namirimu
Cissy Kisakye
Location: Kireka, Uganda
Activity: Tailoring

About the Loan

Loan Amount: $1,350.00
Loan Use: To expand tailoring business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 11, 2008
Date Disbursed: May 29, 2008
Date Funded:May 15, 2008
Loan Ended:Jun 15, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,715.0000 UGX = 1 USD



The group leader of this small group is Cissy Kisakye. She is currently a tailor and is requesting a loan to buy another sewing machine. Cissy is 35 years old and is married. She has 4 children ranging from age 6 to 14 and her children go to school. Each week, Cissy makes approximately UGX 100000 in profits and with the increased profits from her loan, she hopes to buy a plot of land Cissy has taken a loan from BRAC Uganda before to invest in her business and the loan was paid back on time. Cissy is joined in her small group by Rose Namirimu, Kizza Annet, Scovia Mbazira, and Shamim Mulisa. Rose Namirimu is also a tailor and wants to add in business. Kizza Annet is a tailor a wants to buy more cloth materials and expand business. Scovia Mbazira operates a bar and wants to expand her business. Shamim Mulisa owns a salon and is requesting a loan to buy more salon equipment.



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

mary
eugene, OR
United States

Jon
Chagrin Falls, OH
United States

_h_
Zürich,
Switzerland

Joan
Rehoboth Beach, DE
United States

Shohreh
Auburndale, MA
United States

Anonymous

Heidi
Folsom, LA
United States

Anonymous
Epsom, Surrey
United Kingdom

Karin Wells
Peterborough, NH
United States

Diane
Toronto, Ontario
Canada

Susan P
Blue Bell, Pennsylvania
United States

Wolfgang
Dortmund,
Germany

Anonymous

Arika
Anchorage, AK
United States

Elizabeth
Renton, WA
United States

lisa
MORRISTOWN, NJ
United States

Anonymous

Chris
Seattle, WA
United States

Anonymous
Pickerington, OH
United States

Mikhail
Ithaca, NY
United States

createdtopraise
Pineville, LA
United States

Cecilia
Burlington, VT
United States

Jeffrey
Poulsbo, WA
United States

William
Kirkland, WA
United States

Christopher
New York, NY
United States

Felicia
Jamaica Plain, MA
United States

Sigurd
Oslo, N/A
Norway

vernon
Chicago, IL
United States

Dave and Julie
Andover, CT
United States

cynthia
arroyo grande, CA
United States

Rolande
Penticton, British Columbia
Canada

Lynn, David and Hatcher
Jenkintown, PA
United States

William
Whidbey Island, WA
United States

Amy
Rocky River, OH
United States

Christine
Arana Hills, Queensland
Australia



Journal entries for Banda B7 B Group


Loan has been disbursed
 
Entrepreneur: Banda B7 B Group
Location: Kireka, Uganda

Thank you for your loan. It has been disbursed to the Banda B7 B group, consisting of Cissy Kisakye, Rose Namirimu, Kizza Annet, Scovia Mbazira, Shamim Mulisa 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 Kireka, Uganda
May 30, 2008
Comments (1)

Kiva Help Repayment Schedule for Banda B7 B Group

  Expected Repayments Actual Repayments Comments
August 2008 $112.50 $113.00 Repayment Received
September 2008 $112.50 $113.00 Repayment Received
October 2008 $112.50 $113.00 Repayment Received
November 2008 $112.50 $113.00 Repayment Received
December 2008 $112.50 $111.00 Repayment Received
January 2009 $112.50 $112.00 Repayment Received
February 2009 $112.50 $112.50 Repayment Received
March 2009 $112.50 $112.50 Repayment Received
April 2009 $112.50 $112.50 Repayment Received
May 2009 $112.50 $112.50 Repayment Received
June 2009 $112.50 $112.50 Repayment Received
July 2009 $112.50 $112.50 Repayment Received