Masanda A(ii) Group


Status: Paid Back

$2,000.00   Loan Request
$2,000.00   Paid Back

About the Group

Group Name: Masanda A(ii) Group
Group Members: Betty Mawanda
Julian Tumwebaze
Adrine Atuhaire
Barbara Najjuma
Winnie Luyimbazi
Location: Kyengara, Uganda
Activity: Beauty Salon

About the Loan

Loan Amount: $2,000.00
Loan Use: To add capital to salon business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 9, 2008
Date Disbursed: Aug 19, 2008
Date Funded:Aug 5, 2008
Loan Ended:Sep 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 Winnie Luyimbazzi. She is currently in the business of running a beauty salon and is requesting a loan to expand business. Winnie is 27 years old and is married. She has 4 children ranging from age 4 months to 7 years old and three of them go to school. Each week, Winnie makes approximately UGX 30000 in profits and with the extra profits from her loan, she hopes to be able to start a milk selling business.

Winnie is joined in her small group by Barbara Najjuma, Adrine Atuhaire, Julian Tumwebaze, and Betty Mawanda. Barbara Najjuma has a business selling used clothes and wants to venture into new clothes. Adrine Atuhaire is currently operating a business selling clothes and wants a loan to increase stock. Julian Tumwebaze operates a business of clothing sales and wants to boost business. Betty Mawanda is currently in the business of running a retail shop and is requesting a loan to purchase more shop items.



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

James
Leominster, Herefordshire
United Kingdom

Beraca
San Diego, CA
United States

Natasha
Melbourne
Australia

Kay
Columbia, MD KivaFriends.org
United States

Hany
Downsville, LA
United States

Tom
Nebraska City, NE
United States

Ethan
Mississauga, Ontario
Canada

Kirstin
Portland, OR
United States

ELLE Beauty Department
New York, NY
United States

Steve
North Ogden, UT
United States

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

Anonymous

carolyn
fort collins, CO
United States

Charlie
Hughson, CA
United States

Tanya
Vancouver, British Columbia
Canada

Anonymous
Providence, RI
United States

Soren
Koege,
Denmark

Brenda
Kansas City, MO
United States

Heather
Vancouver, B.C.
Canada

william
woodbury, CT
United States

Imaginations Ink
Los Angeles, CA
United States

Gumball Capital
Stanford, CA
United States

Richard
San Francisco, CA
United States

Sandy
www.kivafriends.org, Allen, Texas
United States

Lincoln and Claire
Seattle, WA
United States

Andrew
Bloomfield Hills, MI
United States

YEE CHOONG
SINGAPORE,

Tom
Bossier City, LA
United States

Larissa
San Jose, CA
United States

Maureen
Reno, NV
United States

Ivan&Dusty
Ada, MI
United States

Jennifer
San Diego, CA
United States

Terry
Redmond`, WA
United States

Darcy
Lawrence, KS
United States

Universal Sisters
Wailea, Hawaii
United States

Laura
Fremont, CA
United States

Sarah
Omaha, NE
United States

M Katherine
Vail, AZ
United States

Christine
Culver City, CA
United States

Kim & Hayden
Sydney, New South Wales
Australia

Teri
El Cerrito, CA
United States

Jessica
Long Beach, CA
United States

Yong-Pil
Sacramento, CA
United States

Cynthia
Fort Lauderdale, FL
United States

Ty
Seattle, WA
United States

Kevin
Tacoma, WA
United States

Debbie
Chicago, IL
United States

C Ren
Ashland, OR
United States

Renee
Mandeville, LA
United States

marcel
Oakland, CA
United States

Steve
Gaythorne, Queensland
Australia

Chris
Vancouver, British Columbia
Canada

tim
Reading, Berkshire
United Kingdom

Anonymous
Fremont, CA
United States

Gretchen & Dan
Shoreview, MN
United States

mark
howrah, Tasmania
Australia

Andy
Bloomington, IL
United States



Journal entries for Masanda A(ii) Group


Loan has been disbursed
 
Entrepreneur: Masanda A(ii) Group
Location: Kyengara, Uganda

Thank you for your loan. It has been disbursed to the Masanda A(ii) group, consisting of Winnie Luyimbazi, Barbara Najjuma, Adrine Atuhaire, Julian Tumwebaze, Betty Mawanda 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 Kyengara, Uganda
Aug 20, 2008
Comments (1)

Kiva Help Repayment Schedule for Masanda A(ii) Group

  Expected Repayments Actual Repayments Comments
November 2008 $166.67 $167.00 Repayment Received
December 2008 $166.67 $167.00 Repayment Received
January 2009 $166.67 $166.00 Repayment Received
February 2009 $166.67 $166.67 Repayment Received
March 2009 $166.67 $166.67 Repayment Received
April 2009 $166.67 $166.67 Repayment Received
May 2009 $166.67 $166.67 Repayment Received
June 2009 $166.67 $166.66 Repayment Received
July 2009 $166.67 $166.67 Repayment Received
August 2009 $166.67 $166.67 Repayment Received
September 2009 $166.67 $166.69 Repayment Received
October 2009 $166.63 $166.63 Repayment Received