Byeshembe Savings Group


Status: Paid Back

$3,975.00   Loan Request
$3,975.00   Paid Back

About the Group

Group Name: Byeshembe Savings Group
Group Members: Robert Twesigye
Hilda Baguma
Phiona Rubatemba
Deus Nuwagaba
Joweria Kasade
Goden Mutabazi
Baker Walusimbi
Harriet Nasanga
Erick Tumwine
Resty Kembabazi
Diana Tumuheirwe
Scovia Ampe
Kellen Munyerere
Location: Ibanda, Uganda
Activity: Textiles

About the Loan

Loan Amount: $3,975.00
Loan Use: 1) Development of a piece of land for cattle keeping and 2) tender of Uniform materials for secondary schools in the locality
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 7, 2008
Date Disbursed: Feb 23, 2008
Date Funded:Feb 9, 2008
Loan Ended:Aug 24, 2008

About the Country

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



The chairperson of Bushembe Savings Group, Munyerere Kellen, has been a great group leader. She is 32 years old, married, and has 5 children. In addition, she also takes care of her 3 sisters. Kellen is involved in the tailoring business - she buys new textiles for sale and sewing. Kellen needs a loan to help her develop the piece of land that she purchased for cattle keeping with the help of her previous loans. Additionally, she plans to use part of the loan money to tender Uniform materials for a number of secondary schools, such as Kazo secondary, Buremba secondary, Kazo model secondary, St. Catherine secondary, and Kyabahura Primary school, all of which are located in Kellen's locality. With her previous loans, Kellen has already been able to buy 2 sewing machines, a flat iron and an overlock machine that has helped her in the tailoring business by making her work look neat and professional.



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

Reuven
Seattle, WA
United States

Fallbrook Women
Fallbrook, CA
United States

Edie
Nashville, TN
United States

Patrick & Irene
Fremont, CA
United States

Jillian
Vence,
France

Amy
Ogden, UT
United States

Mel
calgary, Ab.
Canada

Daniela
Oceanside, CA
United States

Claudia
Nesoddtangen, Akershus
Norway

Nathan
Pittsburgh, PA
United States

NEOVIA Financial
Douglas, Isle of Man
United Kingdom

sharad pawar
San Diego, CA
United States

Career College Central
Olathe, KS
United States

Ange
Cremorne, Victoria
Australia

Sverker
Lund, Sweden
Sweden

Anonymous
Ede,
Netherlands

EDWARD
DALLESPORT, WA
United States

Kim
Bowie, MD
United States

John
Gilmer, TX
United States

David
Toronto, Ontario
Canada

patricia
austin, TX
United States

Robert
Fox Island, WA
United States

David
Sudbury, Ontario
Canada

Thomas
Oakdale, PA
United States

Dan
Longmont, CO
United States

Jeffrey
Camarillo, CA
United States

Whocarez
Hellevoetsluis, Zuid-Holland
Netherlands

Carol
Hull, MA
United States

Julie
Central, Hong Kong
Hong Kong

Edward
Sherwood Park, Alberta
Canada

Roslyn
Santa Cruz, CA
United States

Anonymous
New York, NY
United States

mariette
eindhoven,
Netherlands

Anonymous

Karen
Norwich, Norfolk
United Kingdom

Fred
Santa Fe, NM
United States

Darryl
Nashville, TN
United States

Speakers' Spotlight
Toronto, Ontario
Canada

TOM
CLIVE, IA
United States

Jorge W
Shady Shores, TX
United States

Rochelle
Torrance, CA
United States

Gordy, Sherry, Sara
Wyandotte, MI
United States

Lisa Marie
Belmont, CA
United States

Stephen
Guaynabo, PR
Puerto Rico

Samuel
Michigan City, IN
United States

Laura
Scottsdale, AZ
United States

Anil
Chicago, IL
United States

Amanda
Minnetonka, MN
United States

Marley
St. George, VT
United States

Bill
Chicago, I
United States

Tyson
Calgary, AB
Canada

Brian
Windsor, Ontario
Canada

Claire
ramona, CA
United States

Robert
Portland,, OR
United States

Susan
Anchorage, AK
United States

Dorothy
Cary, NC
United States

Susan
Acton, MA
United States

Nina and Addison
West Des Moines, IA
United States

Ricki
Oak Lawn, IL
United States

Dennis & Janet
Chesterfield, VA
United States

Louise
Calgary, Alberta
Canada

Shawn & Andrea
Topeka, KS
United States

Scott
Minneapolis, MN
United States

Regina
Petersburg, WV
United States

Sherri
Austin, TX
United States

Fred
Fridley, MN
United States

jean
Summit, NJ
United States

Murray
Spartanburg, SC
United States

Glenn and Lisa
New Brighton, MN
United States

Eileen
Oak Park, IL
United States

Don and Betty
Danville, California
United States

daniel
Vado, NM
United States

Paul
Los Angeles, CA
United States

Michael
Costa Mesa, CA
United States

Chris
Vancouver, British Columbia
Canada

Anonymous
Elmhurst, IL
United States

Kenny
alameda, CA
United States

Chris
Madison, South Dakota
United States

Josef
Madison, WI
United States

Michele
Akron, OH
United States

Lorenzo
Southampton, PA
United States

Bill & Elaine
Delta, British Columbia
Canada

Dionne
Chicago, IL
United States

Paul
Petit-Roeulx-lez-Nivelles,
Belgium

Anonymous
Atlanta, Georgia
United States

Teena
Chicago, IL
United States

jordan
Toronto, Ontario
Canada

Benton
Brisbane, Queensland
Australia

Randy
Burnaby, British Columbia
Canada

Andy B
Sandy Bay, Tasmania
Australia

Isabelle
Montreal, Quebec
Canada

Heather
New York, NY
United States



Journal entries for Byeshembe Savings Group


Loan has been disbursed
 
Entrepreneur: Byeshembe Savings Group
Location: Ibanda, Uganda

Thank you for your loan. It has been disbursed to the Byeshembe Savings Group, consisting of Kellen Munyerere, Scovia Ampe, Diana Tumuheirwe, Resty Kembabazi, Erick Tumwine, Harriet Nasanga, Baker Walusimbi, Goden Mutabazi, Joweria Kasade, Deus Nuwagaba, Phiona Rubatemba, Hilda Baguma, Robert Twesigye by Pearl Microfinance Limited in Uganda. We are excited to watch this business grow. Over the next 6 months, Pearl Microfinance Limited will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ibanda, Uganda
Feb 24, 2008
Comments (2)

Journal
 
Entrepreneur: Byeshembe Savings Group
Location: Ibanda, Uganda

Munyerere Kellen has been able to use her loan plus the previous ones constructively, thanks for the team work that exists with in the lending group. Her sewing business has been profitable enabling her children to get school fees. She has also started keeping cattle on her newly acquired piece of land which will give her milk and meat for sale in the near future. She has also opened up a section for various school uniforms and has booked schools to make their orders for sewing come next term and the terms that will follow.


Posted by Grace Nattoolo from Ibanda, Uganda
Jul 31, 2008
Comments (2)

Kiva Help Repayment Schedule for Byeshembe Savings Group

  Expected Repayments Actual Repayments Comments
May 2008 $662.50 $663.00 Repayment Received
June 2008 $662.50 $663.00 Repayment Received
July 2008 $662.50 $663.00 Repayment Received
August 2008 $662.50 $663.00 Repayment Received
September 2008 $662.50 $663.00 Repayment Received
October 2008 $662.50 $660.00 Repayment Received