Kayondo Ronald, Kavule Effort Group

Status: Paid Back

$2,800.00		Loan Request
$2,800.00		Paid Back

About the Group

Group Name:	Kayondo Ronald, Kavule Effort Group
Group Members:	Hassan Ssemakula Sarah Bangi Josephine Namaganda Agnes Nakaggwa Mariam Mukasa Fred Mulyango Ronald Kayondo
Location:	Mukono, Uganda
Activity:	Motorcycle Repair

About the Loan

Loan Amount:	$2,800.00
Loan Use:	Ronald would buy more spare motorcycle and bicycle parts with his part of this group loan.
Repayment Term:	6 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Jun 2, 2008
Date Disbursed:	Jun 18, 2008
Date Funded:	Jun 4, 2008
Loan Ended:	Oct 20, 2008

About the Field Partner

Field Partner:

Pearl Microfinance Limited

Field Partner Risk Rating:

(Learn more)

Active

26 months

10752

$2,902,500

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:	1,683.0000 UGX = 1 USD

Ronald Kayondo is a resident of Mukono and has a motorcycle and bicycle spare parts shop. He has been running the shop together with his wife for four years and a member of Kavule Effort for one year. He has four children and cares for an orphan. He has planned to buy more spare parts, which he gets from Jinja and Kampala. For increased savings, he has also started repairing motorcycles and bicycles in front of his shop, which has helped contain his customers in one place.

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

Kamil (VeganPhilosopher)
New York, New York (Amsterdam soon)
United States

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

enREDados
Alpedrete, Madrid
Spain

Jo Anne
Santa Clara, CA
United States

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

Geoff

Christmas Island

Nick
Cary, NC
United States

Christopher
London,
United Kingdom

Marianne
St. Lazare, Quebec
Canada

Karen
Temecula, CA
United States

Tara
Chicago, IL
United States

Rick
Tyler, TX
United States

Donald
Long Beach, CA
United States

Göran
Älvsjö,
Sweden

Nick
Boston, MA
United States

Jennifer
San Francisco, CA
United States

Matthew
melbourne, Victoria
Australia

Kevin
Loma Linda, CA
United States

Ross
Toronto, Ontario
Canada

jon
New York, NY
United States

howard and maureen
pinole, CA
United States

Nancy
St. Paul, MN
United States

Sam Snyder
Lawrence, KS
United States

Barbara
Nuremberg,
Germany

Nathan
Grand Rapids, MN
United States

Speakers' Spotlight
Toronto, Ontario
Canada

Jacob Fyda
Gainesville, FL
United States

Chuck
Danville, IL
United States

Andrew
Baden,
Switzerland

Clark
Indianapolis, IN
United States

Jonathan
Wantirna South, Victoria
Australia

John
Sandy Spring, MD
United States

Shelley
Boca grande, FL
United States

Peter
Dortmund, NRW
Germany

Gerard
San Diego, CA
United States

Linda
KivaFriends.org, Houston, TX, USA
United States

Peter
Pasadena, CA
United States

Mounds View High School
Shoreview, MN
United States

Larry
Jericho, NY
United States

Glenn & Family
New York, NY
United States

leroy
seattle, WA
United States

Kaitlyn
hackett, AR
United States

Christine

Gehrig
NY
United States

Richard
San Francisco, CA
United States

Casper
Slagelse,
Denmark

Eivind
Lillestrøm, Akershus
Norway

Elizabeth
Dublin, Dublin
Ireland

Dean
Winnipeg, MB
Canada

Margery
Los Angeles, CA
United States

Judith
St. Peter, MN
United States

James Yeang
Kuala Lumpur,
Malaysia

Shannon
Ascot Vale, Victoria
Australia

Diane R
KivaFriends.org, Santa Clara, CA
United States

Karen
San Mateo, CA
United States

Edwin
Pacific Grove, CA
United States

Rich
Tualatin, OR
United States

Trisha
Encinitas, CA
United States

Cornelia
New York, NY
United States

April
Brush Prairie, WA
United States

Billy Chung Kwok
Saint Paul, MN
United States

ONE WORLD
Lyrestad,
Sweden

Lawrence
North Augusta, SC
United States

DO IT Foundation
Judendorf-Strassengel,
Austria

Roger
San Jose, CA
United States

moom
Lisboa,
Portugal

Anonymous

Christoph
Dresden,
Germany

Anonymous

Katy & Nicole
Manvel, Texas
United States

Michael
Waco, TX
United States

Anonymous
Tucson, AZ
United States

Journal entries for Kayondo Ronald, Kavule Effort Group

Loan has been disbursed Entrepreneur: Kayondo Ronald, Kavule Effort Group Location: Mukono, Uganda Thank you for your loan. It has been disbursed to the Kayondo Ronald, Kavule Effort group group, consisting of Ronald Kayondo, Fred Mulyango, Mariam Mukasa, Agnes Nakaggwa, Josephine Namaganda, Sarah Bangi, Hassan Ssemakula by Pearl Microfinance Limited in Uganda. We are excited to watch this business grow. Over the next 4 months, Pearl Microfinance Limited will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Mukono, Uganda Jun 19, 2008
Comments (1)

Journal Entrepreneur: Kayondo Ronald, Kavule Effort Group Location: Mukono, Uganda In towns outside Kampala City, motorcycles and Bicycles are a major transport from the townships to deep down in the villages. Hence Ronald Kayondo set up a shop not far away from a bodaboda stage in Mukono with all kinds of motorcycle and bicycle spare parts; and the opening up of a service centre just outside his shop is working for him. With the profits, he is able to repay his loan properly since his investment is worthwhile. He has a dream of opening up another shop as a sub branch to this one for increased profits.
Posted by Grace Nattoolo from Mukono, Uganda Aug 27, 2008
Comments (1)

Repayment Schedule for Kayondo Ronald, Kavule Effort Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
September 2008	$700.00	$700.00	Repayment Received
October 2008	$700.00	$700.00	Repayment Received
November 2008	$700.00	$700.00	Repayment Received
December 2008	$700.00	$700.00	Repayment Received