Ndifakulya East D Group

Status: Paid Back

$450.00		Loan Request
$450.00		Paid Back

About the Group

Group Name:	Ndifakulya East D Group
Group Members:	Grace Kakaire Rehema Kagoya Jane Nakamya Naster Babirye Jackline Sedeka
Location:	Bugiri, Uganda
Activity:	Beauty Salon

About the Loan

Loan Amount:	$450.00
Loan Use:	To add to salon business
Repayment Term:	14 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Jul 26, 2008
Date Disbursed:	Aug 10, 2008
Date Funded:	Jul 27, 2008
Loan Ended:	Sep 15, 2009

About the Field Partner

Field Partner:

BRAC Uganda

Field Partner Risk Rating:

(Learn more)

Active

23 months

8418

$2,316,025

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Uganda
Avg Annual Income:	$1,700.00
Currency:	Uganda Shillings (UGX)
Exchange Rate:	1,691.0050 UGX = 1 USD

The group leader of this small group is Jackline Sedeka. She is currently in the business of running a beauty salon and is requesting a loan to purchase a hair dryer. Jackline is 29 years old and is married. Her husband is a shop attendant. She has 2 children, aged 11 and 18, both of whom go to school. Each week, Jackline makes approximately UGX 20000 in profits and with the extra profits from her loan, she hopes to be able to educate her children.

Jackline is joined in her small group by Naster Babirye, Jane Nakamya, Rehema Kagoya, and Grace Kakaire. Naster Babirye has a business in charcoal sales and wants to expand to bulk selling. Jane Nakamya is currently operating a business in poultry keeping and wants a loan to purchase poultry feed. Rehema Kagoya operates a carpentry business and wants to purchase more timber. Grace Kakaire is currently in the business of tailoring and is requesting a loan to purchase more cloth fabric.

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

Lenders to this group

Henry
Mint Hill, NC
United States

Jared
Raleigh, NC
United States

Vera
Heidelberg,
Germany

Andrea
New York, NY
United States

dwong
Berkeley, CA
United States

Friends
Lakewood, CO
United States

Misty
Las Vegas, NV
United States

Lupe
Washington, DC
United States

Catherine
Chicago, IL
United States

Janice & Ken
Toronto, Ontario
Canada

Shawn
Burien, WA
United States

Anonymous
portland, OR
United States

Vamshi
Stanford, CA
United States

Larry
solana beach, CA
United States

Petra and Scott
Blaricum, London
United Kingdom

Journal entries for Ndifakulya East D Group

Loan has been disbursed Entrepreneur: Ndifakulya East D Group Location: Bugiri, Uganda Thank you for your loan. It has been disbursed to the Ndifakulya East d group, consisting of Jackline Sedeka, Naster Babirye, Jane Nakamya, Rehema Kagoya, Grace Kakaire 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 11, 2008
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Repayment Schedule for Ndifakulya East D Group

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	Expected Repayments	Actual Repayments	Comments
November 2008	$37.50	$38.00	Repayment Received
December 2008	$37.50	$38.00	Repayment Received
January 2009	$37.50	$36.50	Repayment Received
February 2009	$37.50	$37.50	Repayment Received
March 2009	$37.50	$37.50	Repayment Received
April 2009	$37.50	$37.50	Repayment Received
May 2009	$37.50	$37.50	Repayment Received
June 2009	$37.50	$37.49	Repayment Received
July 2009	$37.50	$37.50	Repayment Received
August 2009	$37.50	$37.50	Repayment Received
September 2009	$37.50	$37.51	Repayment Received
October 2009	$37.50	$37.50	Repayment Received