Robinah Prossy's Group


Status: Paid Back

$1,350.00   Loan Request
$1,350.00   Paid Back

About the Group

Group Name: Robinah Prossy's Group
Group Members: Eseza Tumugirwa
Margert Nassuna
Janepher Namutebi
Margret Basirika
Robinah Prossy Namuli
Location: Kampala, Uganda
Activity: Tailoring

About the Loan

Loan Amount: $1,350.00
Loan Use: To increase stock of clothes and purchase video camera
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 12, 2008
Date Disbursed: Sep 26, 2008
Date Funded:Sep 12, 2008
Loan Ended:Feb 25, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,630.0999 UGX = 1 USD



Robinah is a leader of a five-member group. She is 30 years old, married and has two children ages four and eight. Both of her children go to school, and Robinah also takes care of the two children of her late brother. She owns and resides in a three-room house living with six people There is no electricity but it does have running water. The family gets four meals a day.


She resides and works in a semi-urban area on the outskirts of Kampala. Robinah works six days a week and rents her business space. Her greatest monthly expenses include her rent, school fees, and medication. She is a tailor and also sells new clothes like bitenge and African attire. Robinah sells to an average of five people per day. She uses public transportation to buy her materials from Kampala. Robinah has been in this business for the last eight years.


Robinah has been with MCDT for the last six years and thirteen loans, working all this time with her same groupmates. She wanted to use this loan to invest in a video camera and to add more stock to her retail clothes. She aspires to buy more sewing machines and start a training school.



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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Journal entries for Robinah Prossy's Group


Loan has been disbursed
 
Entrepreneur: Robinah Prossy's Group
Location: Kampala, Uganda

Thank you for your loan. It has been disbursed to the Robinah Prossy's Group group, consisting of Robinah Prossy Namuli, Margret Basirika, Janepher Namutebi, Margert Nassuna, Eseza Tumugirwa by Micro Credit Development Trust SACCO (MCDT) in Uganda. We are excited to watch this business grow. Over the next 4 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 27, 2008
Comments (1)

Kiva Help Repayment Schedule for Robinah Prossy's Group

  Expected Repayments Actual Repayments Comments
December 2008 $337.50 $0.00 Repayment Received
January 2009 $337.50 $675.00 Repayment Received
February 2009 $337.50 $337.50 Repayment Received
March 2009 $337.50 $337.50 Repayment Received