Manero West A(i) Group


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Group

Group Name: Manero West A(i) Group
Group Members: Lucy Nabwere
Shamila Wandera
Harriet Nsereko
Location: Busia, Uganda
Activity: Clothing Sales

About the Loan

Loan Amount: $1,200.00
Loan Use: To expand clothing business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 3, 2008
Date Disbursed: Jul 11, 2008
Date Funded:Jun 27, 2008
Loan Ended:Aug 15, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:United States Dollars (USD)



The leader of this small group is Harriet Nsereko. She is currently in the business of selling new clothes and is requesting a loan to increase her stock of clothes. Harriet is 32 years old, and her husband has a fishery business. She has 5 children ranging in age from 8 to 13, and her children go to school. Each week, Harriet makes approximately UGX 100000 in profits and with the extra profits from her loan, she hopes to be able to pay school fees for the children. Harriet has taken a loan from BRAC Uganda before in the amount of UGX 300000 in order to invest in her business, and the loan was paid back on time.

Harriet is joined in her small group by Shamila Nandera and Lucy Nabwere, Shamila Nandera has a business selling new clothes and wants to expand the business. Lucy Nabwere is currently selling yellow bananas and intends to purchase more bananas in order 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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the Dies Family
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Bernadette
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Arlene
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Lisa
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SHIRAZ
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Rebecca
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Journal entries for Manero West A(i) Group


Loan has been disbursed
 
Entrepreneur: Manero West A(i) Group
Location: Busia, Uganda

Thank you for your loan. It has been disbursed to the Manero West A(i) group, consisting of Harriet Nsereko, Shamila Wandera, Lucy Nabwere 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
Jul 12, 2008
Comments (1)

Kiva Help Repayment Schedule for Manero West A(i) Group

  Expected Repayments Actual Repayments Comments
October 2008 $100.00 $100.00 Repayment Received
November 2008 $100.00 $100.00 Repayment Received
December 2008 $100.00 $100.00 Repayment Received
January 2009 $100.00 $100.00 Repayment Received
February 2009 $100.00 $100.00 Repayment Received
March 2009 $100.00 $100.00 Repayment Received
April 2009 $100.00 $100.00 Repayment Received
May 2009 $100.00 $100.00 Repayment Received
June 2009 $100.00 $100.00 Repayment Received
July 2009 $100.00 $100.00 Repayment Received
August 2009 $100.00 $100.00 Repayment Received
September 2009 $100.00 $100.00 Repayment Received