Jackline Kyomuhangi's Group
Status: Paid Back
| $3,575.00 | Loan Request | |
|---|---|---|
| $3,575.00 | Paid Back |
About the Group
| Group Name: | Jackline Kyomuhangi's Group |
|---|---|
| Group Members: |
Jackline Kyomuhangi Daniel Barekye Ruth Komuhendo Steven Beiru Lawrence Mukasa Aziz Kitambo Francis Ruhensi Gilvasio Ndegyeya Zainabu Birungi Edward Murerere Edward Barwenda Medius Mutungirehi Benon Kyomukama Asaph Aribishangam Sadick Tumusiime (not pictured) Joseph Ahimbisibwe (not pictured) |
| Location: | Bushenyi, Uganda |
| Activity: | Used Clothing |
About the Loan
| Loan Amount: | $3,575.00 |
|---|---|
| Loan Use: | To buy more clothes to sell |
| Repayment Term: | 5 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 19, 2009 |
| Date Disbursed: | Jun 10, 2009 |
| Date Funded: | Jun 19, 2009 |
| Loan Ended: | Oct 15, 2009 |
About the Field Partner
About the Field Partner
|
|
| 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: | 2,113.9998 UGX = 1 USD |
Jackline has had a business selling second-hand clothes for eight years. Her main challenge is transporting her goods between various markets, which sometimes becomes too costly. Her main markets of business are Katerera, Kyendangara and Mugyera town markets, and these give her a monthly profit of 250,000 UGX. Jackline is successful because she deals in a variety of clothes, including womenswear, menswear and childrenswear. Her dream is to have a clothes store in Katerera town so that she can cease transporting her stock to markets. She also dreams of seeing all her children attain the best education and get good jobs.
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 Jackline Kyomuhangi's Group
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Loan has been disbursed
Location: Bushenyi, Uganda
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Posted by
from Bushenyi, Uganda
Jun 20, 2009 |
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Comment on this entry
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Repayment Schedule for Jackline Kyomuhangi's Group
Repayment Schedule for Jackline Kyomuhangi's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $893.75 | $893.75 |  Repayment Received
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| September 2009 | $893.75 | $893.75 | Repayment Received
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| October 2009 | $893.75 | $893.75 | Repayment Received
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| November 2009 | $893.75 | $893.75 | Repayment Received
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