Herbert Lusiiba


Status: Paying Back

$1,000.00   Loan Amount
91% repaid

About the Entrepreneur

Name: Herbert Lusiiba
Location: Kasangati, Uganda
Activity: Poultry

About the Loan

Loan Amount: $1,000.00
Loan Use: Buying more poultry feed and some vaccines.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 25, 2008
Date Disbursed: Nov 28, 2008
Date Funded:Dec 25, 2008

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:2,000.1000 UGX = 1 USD



Mr. Lusiimba Herbert is a 40-year-old hard-working businessman. He is married with 3 children, two of whom are in school. He raises poultry and also makes building bricks. In addition, he is a coffee farmer. Income from his businesses has enabled him to build his residential home in Kansangati. For the expansion of his business, Herbert will use the loan to buy more poultry feed and some vaccines. This will enable him to have a healthy flock of poultry that will boost his income and profits.

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Journal entries for Herbert Lusiiba


Loan has been disbursed
 
Entrepreneur: Herbert Lusiiba
Location: Kasangati, Uganda

Thank you for your loan. It has been disbursed to Herbert Lusiiba by BRAC Uganda in Uganda. We are excited to watch this business grow. Over the 11 months of this loan, BRAC Uganda will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kasangati, Uganda
Dec 26, 2008
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Kiva Help Repayment Schedule for Herbert Lusiiba

  Expected Repayments Actual Repayments Comments
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 $83.33 Repayment Received
October 2009 $83.33 $83.33 Repayment Received
November 2009 $83.33 $83.33 Repayment Received
December 2009 $83.33 $83.33 Repayment Received
January 2010 $83.37 Available Jan 1