Fatuma Nakibuuka's Group
Status: Paid Back
| $4,650.00 | Loan Request | |
|---|---|---|
| $4,650.00 | Paid Back |
About the Group
| Group Name: | Fatuma Nakibuuka's Group |
|---|---|
| Group Members: |
Fatuma Nakibuuka Moses Wanyana Teo Konde Abi Katamba Bena Kakumba Daniella Luzinda Godfrey Buteraba Ronald Kasirye Eliyasi Semwogerere Moses Byakatonda Richard Kiwuule Damalie Awuma |
| Location: | Lugazi, Uganda |
| Activity: | Tailoring |
About the Loan
| Loan Amount: | $4,650.00 |
|---|---|
| Loan Use: | To buy more clothing materials for her business expansion |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 15, 2009 |
| Date Disbursed: | Jun 8, 2009 |
| Date Funded: | Jun 16, 2009 |
| Loan Ended: | Nov 15, 2009 |
About the Field Partner
About the Field Partner
|
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| Field Partner: | Pearl Microfinance Limited |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 26 months |
| Kiva Entrepreneurs: | 10683 |
| Total Loans: | $2,885,625 |
| 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: | 2,185.0000 UGX = 1 USD |
Nakibuuka Fatuma has been able to pay back her previous loan on time because she was able to put it to good use once she received it. She is a businesswoman with a tailoring business where she makes dresses, skirts, blouses as well as mending those that are already made. She is married with three children and is also caring for two relatives with full responsibility for their welfare.
Fatuma’s weekly income has increased over time, though her business booms mostly during the festive seasons when everyone is in the mood for buying new clothes. She is also a farmer with plantations and cows that all bring in an income. She needs a loan to be able to buy more clothing materials for her tailoring business.
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
Fatuma’s weekly income has increased over time, though her business booms mostly during the festive seasons when everyone is in the mood for buying new clothes. She is also a farmer with plantations and cows that all bring in an income. She needs a loan to be able to buy more clothing materials for her tailoring business.
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 Fatuma Nakibuuka's Group
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Loan has been disbursed
Location: Lugazi, Uganda
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Posted by
from Lugazi, Uganda
Jun 17, 2009 |
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Comment on this entry
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Repayment Schedule for Fatuma Nakibuuka's Group
Repayment Schedule for Fatuma Nakibuuka's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $581.24 | $581.26 |  Repayment Received
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| September 2009 | $1,162.48 | $1,162.52 | Repayment Received
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| October 2009 | $1,453.10 | $1,453.04 | Repayment Received
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| November 2009 | $1,162.48 | $1,162.48 | Repayment Received
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| December 2009 | $290.70 | $290.70 | Repayment Received
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