Kibuuka Group


Status: Paid Back

$1,275.00   Loan Request
$1,275.00   Paid Back

About the Group

Group Name: Kibuuka Group
Group Members: Lydia Nakafeero
Pauline Kisembo
Sauba Nabanja
Judith Namagembe
Getrude Nakamya
Location: Nansana, Uganda
Activity: Milk Sales

About the Loan

Loan Amount: $1,275.00
Loan Use: To purchase a fridge and increase the quantity of milk
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 8, 2008
Date Disbursed: Jul 22, 2008
Date Funded:Jul 8, 2008
Loan Ended:Aug 15, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,708.0000 UGX = 1 USD



The group leader of this small group is Getrude Nakamya. She is currently in the business of selling milk and is requesting a loan to purchase a freezer. Getrude is 31 years old and is married. Her husband is a casual laborer. She has 1 child aged 2. Each week, Getrude makes approximately UGX 40000 in profits and with the extra profits from her loan, she hopes to be able to add it to her business. Getrude has taken a loan from BRAC Uganda before in the amount of UGX 300000 in order to buy extension cables, bulbs and sockets and the loan was paid back on time.

Getrude is joined in her small group by Judith Namagembe, Sauba Nabanja, Pauline Kisembo, and Lydia Nakafeero. Judith Namagembe has a business selling electrical gadgets and wants to increase stock. Sauba Nabanja is currently operating a business selling foodstuff and wants a loan to add more stock. Pauline Kisembo operates a retail shop business and wants to purchase more shop items. Lydia Nakafeero is currently in the market vendor business and is requesting a loan to add to 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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Lenders to this group

Yugo
NEW YORK, NY
United States

J. Keith
Los Angeles, CA
United States

Eve & John
Minnetonka, MN
United States

Anonymous
Silver Spring, MD
United States

Grace
Black Mountain, NC
United States

Mike and Jennifer
Harrisville, NY
United States

Kevin
San Francisco, CA
United States

Mani & Shraddha
Irving, TX
United States

Anonymous
Geneva, FL
United States

Nora
Santa Barbara, CA
United States

Colin & Ann
Robina, QLD
Australia

Marie
West Stockbridge, MA
United States

jeffrey
Pittsfield, MA
United States

Jane and John
Wallingford, PA
United States

Jessica & Richard
San Francisco, CA
United States

Anonymous
Grass Valley, CA
United States

Kathryn
Columbia, SC
United States

George and Rosa
Green Valley, AZ
United States

Anne
Pasadena, CA
United States

Bev
Amelia, OH
United States

Andrea and Phil
Perth, WA
Australia

Miranda and Dola
Jersey City, NJ
United States

Anonymous
New Westminster, British Columbia
Canada

Beth
Aspen, CO
United States

Alma
San Diego, CA
United States



Journal entries for Kibuuka Group


Loan has been disbursed
 
Entrepreneur: Kibuuka Group
Location: Nansana, Uganda

Thank you for your loan. It has been disbursed to the Kibuuka group, consisting of Getrude Nakamya, Judith Namagembe, Sauba Nabanja, Pauline Kisembo, Lydia Nakafeero 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 Nansana, Uganda
Jul 23, 2008
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Kiva Help Repayment Schedule for Kibuuka Group

  Expected Repayments Actual Repayments Comments
October 2008 $106.25 $107.00 Repayment Received
November 2008 $106.25 $107.00 Repayment Received
December 2008 $106.25 $105.00 Repayment Received
January 2009 $106.25 $106.00 Repayment Received
February 2009 $106.25 $106.25 Repayment Received
March 2009 $106.25 $106.25 Repayment Received
April 2009 $106.25 $106.25 Repayment Received
May 2009 $106.25 $106.25 Repayment Received
June 2009 $106.25 $106.25 Repayment Received
July 2009 $106.25 $106.25 Repayment Received
August 2009 $106.25 $106.25 Repayment Received
September 2009 $106.25 $106.25 Repayment Received