Kilwoowa West B Group


Status: Refunded

$1,375.00   Loan Request

About the Group

Group Name: Kilwoowa West B Group
Group Members: Agali Nabukwasi
Scovia Nankya
Annet Nangendo
Esther Mukoha
Stellah Yello
Location: Njeru, Uganda
Activity: Hotel

About the Loan

Loan Amount: $1,375.00
Loan Use: To purchase more hotel equipment
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 5, 2008
Date Disbursed: Jun 19, 2008
Refund Date:Jun 9, 2008

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 Stellah Yello. She is currently in the business of running a hotel and is requesting a loan to purchase more raw food and furniture. Stellah is 25 years old and is single. Each week, Stellah makes approximately UGX 30000 in profits and with the extra profits from her loan, she hopes to be able to set up another business. Stellah has taken a loan from BRAC Uganda before in the amount of UGX 300000 in order to buy more goods and the loan was paid back on time.


Stellah is joined in her small group by Esther Mukoha, Annet Nangendo, Scovia Nankya, and Agali Nabukwasi. Esther Mukoha has a business in a retail shop and wants to purchase more shop items. Annet Nangendo is currently operating a business in farming and wants a loan to add to the business. Scovia Nankya operates a business of farming and wants to expand business. Agali Nabukwasi is currently in the business of farming and is requesting a loan to boost 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

amy
berkeley, CA
United States

Jugal & Shelly
Lawrenceville, NJ
United States

Katie
Windsor, Ontario
Canada

Benjamin
London, Surrey
United Kingdom

Tigger
Adelaide, South Australia
Australia

Red Cowboy Designs
Sugar Hill, GA
United States

suzanne
Sudbury, Ontario
Canada

Al
Milwaukee, WI
United States

Marilyn
Toronto, Ontario
Canada

Jessica
Truckee, CA
United States



Journal entries for Kilwoowa West B Group


Loan Refunded
 
Entrepreneur: Kilwoowa West B Group
Location: Njeru, Uganda

This loan has been refunded for the following reason:

Unfortunately, this picture may be a duplicate. The partner will re-post this loan with the correct photo soon.


Posted by Benjamin Elberger, Kiva Staff, from San Francisco, United States
Jun 9, 2008
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Kiva Help Repayment Schedule for Kilwoowa West B Group

  Expected Repayments Actual Repayments Comments
September 2009 $1,375.00 $0.00 Repayment Received