Budumbuli West A (ii) Group


Status: Paid Back

$1,000.00   Loan Request
$1,000.00   Paid Back

About the Group

Group Name: Budumbuli West A (ii) Group
Group Members: Lukia Nabirye
Aisha Nairuba
Jane Nafuna
Location: Bugembe, Uganda
Activity: Fuel/Firewood

About the Loan

Loan Amount: $1,000.00
Loan Use: To add capital to brewery business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 30, 2008
Date Disbursed: Sep 9, 2008
Date Funded:Aug 26, 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 Jane Nafuna. She is currently in the business of selling firewood and local brew and is requesting a loan to buy more brew drums. Jane is 30 years old and is a widow. She has 6 children ranging from age 3 months to 12 years old and most of her children go to school. Each week, Jane makes approximately UGX 450000 in profits and with the extra profits from her loan, she hopes to be able to pay the school fees for her children. Jane has taken a loan from BRAC Uganda before in the amount of UGX 400000 in order to invest in her business and the loan was paid back on time.

Jane is joined in her small group by Aisha Nairuba and Lukia Nabirye. Aisha Nairuba has a business selling matooke and wants to buy more matooke from the surrounding villages. Lukia Nabirye is currently operating a business milling and selling maize and wants a loan to purchase more sacks of maize.



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

Anna
Randwick, New South Wales
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Albert and Tarien
Cairo,
Egypt

Holli
bellevue, WA
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Good Dogg
Front Porch, www.kivafriends.org
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Tats from Flint
Glendale, CA
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Deborah
Arlington, TN
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Andy
Pacifica, CA
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Bruce Chou
Oakdale & Los Angeles & San Jose, CA
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Jane
Plymouth, MN
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Ronald
Watsonia, Victoria
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Joyce Higbee
Brookings, OR
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Lisa
West Linn, OR
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Jody
Auburn, CA
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John
Mill Valley, CA
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Victoria
Oshkosh, WI
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Emma
West Drayton, London
United Kingdom

Mary
Marcy, NY
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Jane
Cataumet, MA
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Matthew
Cambridge, Cambridgeshire
United Kingdom

Anonymous
Bryson City, NC
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HJ and the Munchkins
Seattle, WA
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John
Lebanon, TN
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stacy
montrose, AL
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Francis & Carol
Upper Loch Lomond, New Brunswick
Canada

Bev
Niagara Falls, Ontario
Canada

mark
penngrove, CA
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Kelly
Baltimore, OH
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William
Hoodsport, WA
United States

Peter
Winsley, Wiltshire
United Kingdom

Karen
Arvada, CO
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Teresa
Winston Salem, NC
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catherine
Wiltshire
United Kingdom

Thaddeus
Nyack, NY
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Anonymous
West Des Moines, IA
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mattie
Chicago, IL
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Journal entries for Budumbuli West A (ii) Group


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

Thank you for your loan. It has been disbursed to the Budumbuli west a (ii) group, consisting of Jane Nafuna, Aisha Nairuba, Lukia Nabirye 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 9, 2008
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Kiva Help Repayment Schedule for Budumbuli West A (ii) Group

  Expected Repayments Actual Repayments Comments
December 2008 $83.33 $84.00 Repayment Received
January 2009 $83.33 $82.67 Repayment Received
February 2009 $83.33 $83.33 Repayment Received
March 2009 $83.33 $83.33 Repayment Received
April 2009 $83.33 $83.33 Repayment Received
May 2009 $83.33 $83.33 Repayment Received
June 2009 $83.33 $83.33 Repayment Received
July 2009 $83.33 $83.33 Repayment Received
August 2009 $83.33 $83.33 Repayment Received
September 2009 $83.33 $83.32 Repayment Received
October 2009 $83.33 $83.33 Repayment Received
November 2009 $83.37 $83.37 Repayment Received