Perus Katongole’s Group


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Group

Group Name: Perus Katongole’s Group
Group Members: 5- Joyce Nafuna
4- Kasfa Nakawooza
Betty Mukasa
Mary Nayiga
Perus Katongole
Location: Kampala, Uganda
Activity: Pub

About the Loan

Loan Amount: $1,200.00
Loan Use: Increase stock
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 12, 2008
Date Disbursed: Sep 8, 2008
Date Funded:Aug 25, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,610.0000 UGX = 1 USD



Perus Kawongole is the leader of a group of five women. She is 37 and married with four children. Two of her children are in school while the other two are independent. Perus lives in a semi-urban slum on the outskirts of Kampala that is prone to flooding during the rainy season.


Perus has been running her bar for the last 6 years. The market for her business is moderate. The greatest challenge Perus faces is making her rent payments.


Perus plans on using this loan to expand her business. In the past she has paid back 18 loans and has used that money to continue to make her business profitable



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

K G
Pleasanton, CA
United States

Raymond
Nevada City, CA
United States

Bruce Chou
Oakdale & Los Angeles & San Jose, CA
United States

Chetan
San Francisco, CA
United States

Henriette
Oslo,
Norway

Jacobson Family
Cortlandt Manor, NY
United States

James
Los Angeles, CA
United States

Daina
Euclid, OH
United States

David
Greenwich, CT
United States

Aaron
Mercer Island, Washington
United States

Sascha
Hechtel-Eksel,
Belgium

Anonymous
Chicago, IL
United States

Jeff
Chicago, Illinois
United States

steve roh
philadelphia, pa
United States

Rachel
Dallas, TX
United States

Henk J.Th. van Stokkom
Dordrecht NL, AK
Netherlands

Jim
Allentown, PA
United States

Carla
Benthuizen,
Netherlands

Johan
MALMÖ,
Sweden

BrandU
Marina del Rey, CA
United States

Coupongood.org
San Francisco, CA
United States

Karen
Norwich, Norfolk
United Kingdom

Carolyn
seattle, wa
United States

Graziella
hollywood, FL
United States

Troy
Chicago, IL
United States

Lawrence
Mississauga, ON
Canada

Chuck
Grand Rapids, MI
United States

Anonymous

Jorgen and Ingvild
Trondheim, trondheim
Norway

Andrew
Boulder, CO
United States

Ryan
West Hollywood, CA
United States

Darlene
Oceanside, CA
United States

Susan
Toronto, Ontario
Canada

Lukoff
Petaluma, CA
United States

heidi
port townsend, WA
United States

Scott Salisbury Homes
Camden Park, South Australia
Australia



Journal entries for Perus Katongole’s Group


Loan has been disbursed
 
Entrepreneur: Perus Katongole’s Group
Location: Kampala, Uganda

Thank you for your loan. It has been disbursed to the Perus Katongole’s Group group, consisting of Perus Katongole, Mary Nayiga, Betty Mukasa, 4- Kasfa Nakawooza, 5- Joyce Nafuna by Micro Credit Development Trust SACCO (MCDT) in Uganda. We are excited to watch this business grow. Over the next 6 months, Micro Credit Development Trust SACCO (MCDT) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kampala, Uganda
Sep 9, 2008
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Kiva Help Repayment Schedule for Perus Katongole’s Group

  Expected Repayments Actual Repayments Comments
December 2008 $200.00 $200.00 Repayment Received
January 2009 $200.00 $200.00 Repayment Received
February 2009 $200.00 $200.00 Repayment Received
March 2009 $200.00 $200.00 Repayment Received
April 2009 $200.00 $200.00 Repayment Received
May 2009 $200.00 $200.00 Repayment Received