Ocheng Iii B Group


Status: Paid Back

$1,600.00   Loan Request
$1,600.00   Paid Back

About the Group

Group Name: Ocheng Iii B Group
Group Members: Maria Kyagaba
Cathy Nalumansi
Hajara Nakafero
Grace Tibaganya
Sarah Mukasa
Location: Nansana, Uganda
Activity: Secretarial Services

About the Loan

Loan Amount: $1,600.00
Loan Use: To add more machinery to stationery shop
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 8, 2008
Date Disbursed: Jul 30, 2008
Date Funded:Jul 16, 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 Sarah Mukasa. She is currently in the stationery and secretarial services business and is requesting a loan to buy more stationery. Sarah is 47 years old and is a widow. She has 3 children ranging from age 19 to 26 and her children go to school. Each week, Sarah makes approximately UGX 65000 in profits and with the extra profits from her loan, she hopes to be able to pay the school fees for her children. Sarah has taken a loan from BRAC Uganda before in the amount of UGX 200000 in order to buy reams of papers and the loan was paid back on time.

Sarah is joined in her small group by Grace Tibaganya, Hajara Nakafero, Cathy Nalumansi, and Maria Kyagaba. Grace Tibaganya has a business in tailoring and wants to purchase a sewing machine. Hajajra Nakafero is currently operating a business in poultry keeping and wants a loan to renovate her chicken house. Cathy Nalumansi operates a business of poultry farming and wants to buy broiler chicks. Maria Kyagaba is currently in the business of poultry keeping and is requesting a loan to purchase chicken mash (feed).



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


Subscribe

Lenders to this group

Ben
Bloomington, IN
United States

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

Anonymous
Kirkwood, MO
United States

Daria
New York, NY
United States

Omtara1008
Ross, CA
United States

Vanessa
State College, PA
United States

Andrew
Toronto, Ontario
Canada

Eeva
Tampere,
Finland

Michael & Mary Ann
Battle Ground, WA
United States

Anonymous
Austin, TX
United States

Carol
Redding, CT
United States

Cyn
Alberta
Canada

Ann
kivafriends.org Eastport, Maine
United States

Leslie
McCall, ID
United States

Anonymous
Largo, FL
United States

Brandon
Spokane, WA
United States

Lars Petter
Bergen,
Norway

Anonymous
Anchorage, Alaska
United States

cynthia
Kirkland, WA
United States

Rebecca
Clovelly, NSW
Australia

Anonymous
La Jolla, CA
United States

Jane
Flagstaff, AZ
United States

Anonymous
Mountain View, CA
United States

Christine
Los Angeles, CA
United States

Barry
Lees Summit, MO
United States

Doug
CARP, Ontario
Canada

Matt
Leeds, West Yorkshire
United Kingdom

Anonymous
Ann Arbor, MI
United States

Katherine
Woolwich, ME
United States

Cecilia & Siggi
Düsseldorf,
Germany

Alisa
Waterford, MI
United States

Marc
Transinne,
Belgium

Louise
Dayton, OH
United States

Donna
Norwich, CT
United States

The Okapis
Wayne, PA
United States

jae
altadena, CA
United States



Journal entries for Ocheng Iii B Group


Loan has been disbursed
 
Entrepreneur: Ocheng Iii B Group
Location: Nansana, Uganda

Thank you for your loan. It has been disbursed to the Ocheng III b group, consisting of Sarah Mukasa, Grace Tibaganya, Hajara Nakafero, Cathy Nalumansi, Maria Kyagaba 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 31, 2008
Comment on this entry

Kiva Help Repayment Schedule for Ocheng Iii B Group

  Expected Repayments Actual Repayments Comments
October 2008 $133.33 $134.00 Repayment Received
November 2008 $133.33 $134.00 Repayment Received
December 2008 $133.33 $132.00 Repayment Received
January 2009 $133.33 $133.33 Repayment Received
February 2009 $133.33 $133.33 Repayment Received
March 2009 $133.33 $133.33 Repayment Received
April 2009 $133.33 $133.33 Repayment Received
May 2009 $133.33 $133.33 Repayment Received
June 2009 $133.33 $133.33 Repayment Received
July 2009 $133.33 $133.33 Repayment Received
August 2009 $133.33 $133.33 Repayment Received
September 2009 $133.37 $133.36 Repayment Received