Budumbuli West A (i) Group


Status: Paid Back

$1,425.00   Loan Request
$1,425.00   Paid Back

About the Group

Group Name: Budumbuli West A (i) Group
Group Members: Sumayiya Mukwatili
Betty Nanyanzi
Rose Nakiwedo
Juliet Namuloyo
Location: Bugembe, Uganda
Activity: Fuel/Firewood

About the Loan

Loan Amount: $1,425.00
Loan Use: To purchase more trucks of firewood
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 30, 2008
Date Disbursed: Sep 8, 2008
Date Funded:Aug 25, 2008
Loan Ended:Oct 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 Juliet Namuloyo. She is currently in the business of selling firewood and is requesting a loan to increase her stock of firewood. Juliet is 30 years old and is married with a husband who is a builder for work. She has 2 children aged 4 and 6, and her children go to school. Each week, Juliet makes approximately UGX 450000 in profits and with the extra profits from her loan, she hopes to be able to cater for her household necessities. Juliet has taken a loan from BRAC Uganda before in the amount of UGX 200000 in order to add to her business and the loan was paid back on time.

Juliet is joined in her small group by Rose Nakiwedo, Betty Nanyanzi and Sumayiya Mukwatili. Rose Nakiwedo has a business running a bar and wants to purchase more brew and beer. Betty Nanyanzi is currently operating a business selling fish and charcoal and wants a loan to buy more charcoal. Sumayiya Mukwatili operates a retail shop business and wants to add more commodities.



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

Anonymous
Seattle, WA
United States

Coupongood.org
San Francisco, CA
United States

kate
Cupertino, CA
United States

Margaret
Tucson, AZ
United States

Anonymous
Oxford, Oxfordshire
United Kingdom

John R
Chatswood, NSW
Australia

Harper
Chicago, IL
United States

Kamala
Durham, NC
United States

Carol-Ann
Toronto, Ontario
Canada

Christopher
London,
United Kingdom

Cathy
Pine Grove, PA
United States

Jennifer
San Francisco, CA
United States

barbara
tampa, FL
United States

Melanie
virginia beach, VA
United States

Justin
Victoria, British Columbia
Canada

Mark
Olathe, KS
United States

Erika
Murrysville, PA
United States

Brian and Nicole
Barrie, Ontario
Canada

Joseph
Belmont, CA
United States

Nikolaj
London, London
United Kingdom

Raj
Fairfax, VA
United States

graham
Beechboro, Western Australia
Australia



Journal entries for Budumbuli West A (i) Group


Loan has been disbursed
 
Entrepreneur: Budumbuli West A (i) Group
Location: Bugembe, Uganda

Thank you for your loan. It has been disbursed to the Budumbuli west a (i) group, consisting of Juliet Namuloyo, Rose Nakiwedo, Betty Nanyanzi, Sumayiya Mukwatili 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 Bugembe, Uganda
Sep 8, 2008
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Kiva Help Repayment Schedule for Budumbuli West A (i) Group

  Expected Repayments Actual Repayments Comments
December 2008 $118.75 $119.00 Repayment Received
January 2009 $118.75 $118.50 Repayment Received
February 2009 $118.75 $118.75 Repayment Received
March 2009 $118.75 $118.75 Repayment Received
April 2009 $118.75 $118.75 Repayment Received
May 2009 $118.75 $118.75 Repayment Received
June 2009 $118.75 $118.75 Repayment Received
July 2009 $118.75 $118.75 Repayment Received
August 2009 $118.75 $118.75 Repayment Received
September 2009 $118.75 $118.75 Repayment Received
October 2009 $118.75 $118.75 Repayment Received
November 2009 $118.75 $118.75 Repayment Received