Kanguma B South Group
Status: Paid Back
| $1,550.00 | Loan Request | |
|---|---|---|
| $1,550.00 | Paid Back |
About the Group
| Group Name: | Kanguma B South Group |
|---|---|
| Group Members: |
Grace Asiyo Hellen Asiyo Margret Asiyo Christine Asiyo Betty Achom Mary Akello Ruth Asinge Grace Mary Abwori Maimuna Ganda Nisula Mutesi Oliver Nambozo Shamim Naigino (not pictured) |
| Location: | Kumi, Uganda |
| Activity: | Cereals |
About the Loan
| Loan Amount: | $1,550.00 |
|---|---|
| Loan Use: | Purchase sacks of groudnuts. |
| Repayment Term: | 11 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jan 18, 2009 |
| Date Disbursed: | Jan 9, 2009 |
| Date Funded: | Jan 18, 2009 |
| Loan Ended: | Nov 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | BRAC Uganda |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 23 months |
| Kiva Entrepreneurs: | 8418 |
| Total Loans: | $2,316,025 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Uganda |
|---|---|
| Avg Annual Income: | $1,700.00 |
| Currency: | Uganda Shillings (UGX) |
| Exchange Rate: | 1,974.0000 UGX = 1 USD |
Asiyo Grace (back:right) is 47 years old. She is married with 8 children. She has 2 years experience selling unshelled groundnuts in Kumi and other regional markets. She purchases her stock from village farmers at fair rates, and resells, yielding a profit margin of 40%.
Asiyo is using the loan proceeds to purchase a large quantity of unshelled groundnuts as she anticipates a scarcity and an increase in demand. She dreams of exporting all types of cereals to neighboring countries like Kenya and Sudan. She would like her children to finish school successfully.
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
Asiyo is using the loan proceeds to purchase a large quantity of unshelled groundnuts as she anticipates a scarcity and an increase in demand. She dreams of exporting all types of cereals to neighboring countries like Kenya and Sudan. She would like her children to finish school successfully.
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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Alice
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The Imran Family
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Naomi
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Steve
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Anonymous
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Amelia
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SPG
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Hilary
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duncan
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Christian
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Judith
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Oren
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Bronwyn
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Ragnhild
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Jamie
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Anonymous
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Fond du Lac Presbyterian
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Anonymous
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Thomas
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Mirko
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Geoff Susan Bri Syd
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Journal entries for Kanguma B South Group
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Loan has been disbursed
Location: Kumi, Uganda
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Posted by
from Kumi, Uganda
Jan 19, 2009 |
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Comment on this entry
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Repayment Schedule for Kanguma B South Group
Repayment Schedule for Kanguma B South Group
| Expected Repayments | Actual Repayments | Comments | |||
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| March 2009 | $116.25 | $116.25 |  Repayment Received
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| April 2009 | $155.00 | $155.00 | Repayment Received
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| May 2009 | $155.00 | $155.00 | Repayment Received
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| June 2009 | $155.00 | $155.00 | Repayment Received
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| July 2009 | $193.75 | $193.75 | Repayment Received
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| August 2009 | $155.00 | $155.00 | Repayment Received
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| September 2009 | $193.75 | $193.75 | Repayment Received
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| October 2009 | $155.00 | $155.00 | Repayment Received
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| November 2009 | $155.00 | $155.00 | Repayment Received
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| December 2009 | $116.25 | $116.25 | Repayment Received
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