Pauline Mbavu's Group
Status: Paid Back
| $4,100.00 | Loan Request | |
|---|---|---|
| $4,100.00 | Paid Back |
About the Group
| Group Name: | Pauline Mbavu's Group |
|---|---|
| Group Members: |
Pauline Mbavu Rose Nabawadda Syrus Kambugu Halima Kilibwa Edith Kayaga Ababu Natsaba Madinah Nasanga Julius Kigozi Rita Nakatte Florence Nalwadda Ronald Batta |
| Location: | Rubaga, Uganda |
| Activity: | General Store |
About the Loan
| Loan Amount: | $4,100.00 |
|---|---|
| Loan Use: | To restock her shop and to pay school fees for her children |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 23, 2009 |
| Date Disbursed: | Jun 11, 2009 |
| Date Funded: | Jun 24, 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: | 10718 |
| Total Loans: | $2,893,675 |
| 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 |
Mbavu Pauline is a very hardworking lady with a retail shop business that has gone through stages to its current state. Using her lending group, she has been getting loans from Pearl Microfinance for fourteen years now and she is happy that she is benefiting from this change. She is able to pay school fees for all her children as well as feeding and clothing them. Her home is now filled with items that have been bought in the process like a sofa set, sideboard, television and so on. Hence, all her family is happy.
Pauline needs a loan to help with restocking her retail shop with more goods as well as paying school fees for her children.
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
Pauline needs a loan to help with restocking her retail shop with more goods as well as paying school fees for her children.
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
Anonymous
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Rebecca
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Jayne
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zk99zk
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Kenneth Tin-Kin Hung
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Kathy J
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Colton
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Chris M.
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Marjorie L.
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Christian
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Elizabeth
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Anne
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Ian
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Julien
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Anne-Marie
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Srivatsan Hari
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carol
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Sandra
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Giorgio
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Marilyn
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cynthia
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Stephen
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Douglas
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gib
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Alexander
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Brie & Emil A.
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Journal entries for Pauline Mbavu's Group
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Loan has been disbursed
Location: Rubaga, Uganda
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Posted by
from Rubaga, Uganda
Jun 25, 2009 |
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Comment on this entry
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Repayment Schedule for Pauline Mbavu's Group
Repayment Schedule for Pauline Mbavu's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $256.25 | $256.25 |  Repayment Received
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| September 2009 | $1,281.25 | $1,281.25 | Repayment Received
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| October 2009 | $1,025.00 | $1,025.00 | Repayment Received
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| November 2009 | $1,025.00 | $1,025.00 | Repayment Received
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| December 2009 | $512.50 | $512.50 | Repayment Received
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