Busanzi South A Group


Status: Paid Back

$1,125.00   Loan Request
$1,125.00   Paid Back

About the Group

Group Name: Busanzi South A Group
Group Members: Aida Namusisi
Justine Baluka
Aseri Kagoya
Mwajuma Nakagolo
Ezereth Nanjala
Location: Bugiri, Uganda
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $1,125.00
Loan Use: To expand tomatoes business to bulk selling
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 17, 2008
Date Disbursed: Aug 20, 2008
Date Funded:Aug 6, 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 Ezereth Nanjala. She is currently in the business of selling tomatoes and is requesting a loan to increase inventory. Ezereth is 30 years old and is single. She has 1 child aged 4 who goes to school. Each week, Ezereth makes approximately UGX 15000 in profits and with the extra profits from her loan, she hopes to be able to buy building materials.

Ezereth is joined in her small group by Mwajuma Nakagolo, Aseri Kagoya, Justine Baluka, and Aida Namusisi. Mwajuma Nakagolo has a business trading produce and wants to add capital. Aseri Kagoya is currently operating a business selling fish and wants a loan to boost business. Justine Baluka operates a business of tailoring and wants to purchase a sewing machine. Aida Namusisi is currently in the business of running a butcher's shop and is requesting a loan to add working capital.



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

John
Cornwall, Prince Edward Island
Canada

Evan
great neck, NY
United States

Little Boo
British Columbia
Canada

Tyler
Hampshire, IL
United States

Jaakko
Alexandria, VA
United States

Nathan
Wilmington, NC
United States

Esther
Charlottetown, Prince Edward Island
Canada

Pam
Minneapolis, MN
United States

George & Linda
Evergreen, CO
United States

Stephen and Pattie
Catonsville, MD
United States

Jeremy
Hillsboro, OR
United States

Molly
Caledonia, Ontario
Canada

kate
Cupertino, CA
United States

norma
Walnut creek, CA
United States

Rosemary
Moscow, ID
United States

julia
Belgrave, Victoria
Australia

Helen
Coeymans Hollow, NY
United States

Anonymous
Koenigswinter,
Germany

Eric
Shakopee, MN
United States

Dave
Antelope, CA
United States

Niran
Saskatoon, Saskatchewan
Canada

Gary and Rita
Great Falls, MT
United States

richard
brooklyn, NY
United States

Tony
Hickory, NC
United States

Travis
Cincinnati, OH
United States

Jon and Marja
Minneapolis, MN
United States



Journal entries for Busanzi South A Group


Loan has been disbursed
 
Entrepreneur: Busanzi South A Group
Location: Bugiri, Uganda

Thank you for your loan. It has been disbursed to the Busanzi south a group, consisting of Ezereth Nanjala, Mwajuma Nakagolo, Aseri Kagoya, Justine Baluka, Aida Namusisi 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 Bugiri, Uganda
Aug 21, 2008
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Kiva Help Repayment Schedule for Busanzi South A Group

  Expected Repayments Actual Repayments Comments
November 2008 $93.75 $94.00 Repayment Received
December 2008 $93.75 $94.00 Repayment Received
January 2009 $93.75 $93.25 Repayment Received
February 2009 $93.75 $93.75 Repayment Received
March 2009 $93.75 $93.75 Repayment Received
April 2009 $93.75 $93.75 Repayment Received
May 2009 $93.75 $93.75 Repayment Received
June 2009 $93.75 $93.74 Repayment Received
July 2009 $93.75 $93.75 Repayment Received
August 2009 $93.75 $93.75 Repayment Received
September 2009 $93.75 $93.76 Repayment Received
October 2009 $93.75 $93.75 Repayment Received