Solo Fc Group


Status: Paid Back

$1,425.00   Loan Request
$1,425.00   Paid Back

About the Group

Group Name: Solo Fc Group
Group Members: Afnes Auma
Doreen Akim
Aisha Nafula
Irene Taaka
Jesca Auma
Location: Busia, Uganda
Activity: Used Clothing

About the Loan

Loan Amount: $1,425.00
Loan Use: To expand clothing business.
Repayment Term: 14 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:Apr 8, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,711.0000 UGX = 1 USD



The leader of this group is Jesca Auma. She is currently in the business of selling used clothes and is requesting a loan to invest in her business. Jesca is 48 years old and is a widow. She has 7 children ranging from age 10 to 30 and five of them go to school. Each week, Jesca 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. Jesca has taken a loan from BRAC Uganda before in the amount of UGX 150000 in order to invest in her business and the loan was paid back on time.


Jesca is joined in her group by Irene Taaka, Aisha Nafula, Doreen Akim, and Agnes Auma. Irene Taaka has a business selling used clothes and wants to increase her stock. Aisha Nafula operates a business selling spare parts and wants a loan to expand her business. Doreen Akim operates a business of selling used clothes and wants to add stock. Agnes Auma is in the business of fruits and vegetable selling and is requesting a loan to purchase more fruits and vegetables.



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

Thomas
Kansas City, KS
United States

ted
San Francisco, CA
United States

Ann Christin + Andreas
Essen,
Germany

patricia
austin, TX
United States

Globe Runners
Chang-Hwa,
Taiwan

Max and Emy
Albignasego, Padova
Italy

Aurelijus
Varena, Alytaus apskritis
Lithuania

Helder
Cernache do Bonjardim, Castelo Branco
Portugal

Good Dogg
Front Porch, www.kivafriends.org
United States

Brian
San Diego, CA
United States

Lauren
Boise, ID
United States

VANESSA
HOUSTON, TX
United States

Roland Hamlin
DELSBO, Sweden
Sweden

Jim

M-Help
Sandnes, Rogaland
Norway

Anonymous

Mark
San Francisco, CA
United States

Derek and Rachel
Port St. Lucie, FL
United States

Naomi & Eric
mountain View, CA
United States

Benton
Brisbane, Queensland
Australia

Gary & Chino
Arlington, WA
United States

jordan
Toronto, Ontario
Canada

Zoë
Ottawa,
Canada

Tanya
Danbury, CT
United States

Lorenzo
Southampton, PA
United States

Sylvia
Jupiter, FL
United States

jean
Summit, NJ
United States



Journal entries for Solo Fc Group


Loan has been disbursed
 
Entrepreneur: Solo Fc Group
Location: Busia, Uganda

Thank you for your loan. It has been disbursed to the Solo Fc, consisting of Jesca Auma, Irene Taaka, Aisha Nafula, Doreen Akim, Afnes Auma 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 Busia, Uganda
Feb 24, 2008
Comments (1)

Kiva Help Repayment Schedule for Solo Fc Group

  Expected Repayments Actual Repayments Comments
May 2008 $118.75 $119.00 Repayment Received
June 2008 $118.75 $119.00 Repayment Received
July 2008 $118.75 $119.00 Repayment Received
August 2008 $118.75 $119.00 Repayment Received
September 2008 $118.75 $119.00 Repayment Received
October 2008 $118.75 $119.00 Repayment Received
November 2008 $118.75 $119.00 Repayment Received
December 2008 $118.75 $117.00 Repayment Received
January 2009 $118.75 $118.75 Repayment Received
February 2009 $118.75 $118.75 Repayment Received
March 2009 $118.75 $118.75 Repayment Received
April 2009 $118.75 $118.75 Repayment Received