Namayira Centre C Group


Status: Paid Back

$775.00   Loan Request
$775.00   Paid Back

About the Group

Group Name: Namayira Centre C Group
Group Members: Ruth Nambi
Jesca Fateme
Nakato Nabuwala
Mariam Kisawe
Location: Kamuli, Uganda
Activity: Hotel

About the Loan

Loan Amount: $775.00
Loan Use: To expand hotel business
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 15, 2008
Date Disbursed: Mar 1, 2008
Date Funded:Feb 16, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,702.0000 UGX = 1 USD



The group leader of this small group is Mariam Kisawe. She is currently in the business of running a hotel and is requesting a loan to expand business. Mariam is 40 years old and is married. She has 6 children ranging from age 7 to 22 and her children go to school. Each week, Mariam makes approximately UGX 140000 in profits and with the extra profits from her loan, she hopes to be able to meet basic needs. Mariam has taken a loan from BRAC Uganda before in the amount of UGX 200000 in order to increase stock and the loan was paid back on time.

Mariam is joined in her small group by Nakato Nabuwala, Jesca Fateme and Ruth Nambi. Nakato Nabuwala has a business selling used clothes and wants to increase stock. Jesca Fateme is currently operating a business running a bar and wants a loan to purchase a fridge. Ruth Nambi operates a business of selling matooke and wants to expand 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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Lenders to this group

Erin
Delta, British Columbia
Canada

Anchorage South Rotary
Anchorage, Alaska
United States

Shane
Denver, NC
United States

Karen
Wayne, NJ
United States

Anonymous
Jamaica Plain, MA
United States

steven
amsterdam,

Pieter
Den Dolder,
Netherlands

Steven
Virginia Beach, VA
United States

Jacques
Tarabya - Istanbul,
Turkey

Jean
Yardley, PA
United States

David
Chelsea, OK
United States

Nancy
Austin, TX
United States

Colleen
Boston, MA
United States

CAROL
New Haven, CT
United States



Journal entries for Namayira Centre C Group


Loan has been disbursed
 
Entrepreneur: Namayira Centre C Group
Location: Kamuli, Uganda

Thank you for your loan. It has been disbursed to the Namayira centre c, consisting of Mariam Kisawe, Nakato Nabuwala, Jesca Fateme, Ruth Nambi 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 Kamuli, Uganda
Mar 1, 2008
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Kiva Help Repayment Schedule for Namayira Centre C Group

  Expected Repayments Actual Repayments Comments
June 2008 $64.58 $65.00 Repayment Received
July 2008 $64.58 $65.00 Repayment Received
August 2008 $64.58 $65.00 Repayment Received
September 2008 $64.58 $65.00 Repayment Received
October 2008 $64.58 $65.00 Repayment Received
November 2008 $64.58 $65.00 Repayment Received
December 2008 $64.58 $65.00 Repayment Received
January 2009 $64.58 $61.67 Repayment Received
February 2009 $64.58 $64.58 Repayment Received
March 2009 $64.58 $64.58 Repayment Received
April 2009 $64.58 $64.58 Repayment Received
May 2009 $64.62 $64.59 Repayment Received