Justin Biira's Group


Status: Paid Back

$3,250.00   Loan Request
$3,250.00   Paid Back

About the Group

Group Name: Justin Biira's Group
Group Members: Justin Biira
Denis Rwomushana
Meresi Asiimwe
Night Tinanyendera
Goreth Bwengye
Grace Barugahare
Norah Kyomuhendo
Monica Nyampangare
Harriet Katushabe
Goreth Tushabe
Judith Bainomugisha
Apofia Katushabe
Location: Bushenyi, Uganda
Activity: Medical Clinic

About the Loan

Loan Amount: $3,250.00
Loan Use: Buying medical drugs for her clinic.
Repayment Term: 6 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:Nov 15, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:2,113.9998 UGX = 1 USD



Biira Justin is a kind, hard-working and gentle lady with a medical clinic in Kirugu town, her business for 11 years. She is 42 years of age and a widow with 5 children aged 24 - 14 years; she also cares for one orphan. One of her children is at the university while the rest are in secondary schools. Justin’s cases range from minor bruises to women with maternity problems and she is able to make monthly profits of 270,000 UGX. She has experience in treating various illnesses so she has many patients. She hopes one day to own her clinic building so she can admit more patients and to ensure that in the future, all her children can begin families of their own. Justin needs a loan to buy medical drugs for the clinic. With a loan, she can buy in large quantities and thus save on transport costs by making fewer purchasing trips.



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 Justin Biira's Group


Loan has been disbursed
 
Entrepreneur: Justin Biira's Group
Location: Bushenyi, Uganda

Thank you for your loan. It has been disbursed to Justin Biira's Group, consisting of Justin Biira, Denis Rwomushana, Meresi Asiimwe, Night Tinanyendera, Goreth Bwengye, Grace Barugahare, Norah Kyomuhendo, Monica Nyampangare, Harriet Katushabe, Goreth Tushabe, Judith Bainomugisha, Apofia Katushabe by Pearl Microfinance Limited in Uganda. We are excited to watch this business grow. Over the 4 months of this loan, Pearl Microfinance Limited will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Bushenyi, Uganda
Jun 20, 2009
Comment on this entry

Kiva Help Repayment Schedule for Justin Biira's Group

  Expected Repayments Actual Repayments Comments
September 2009 $812.50 $812.50 Repayment Received
October 2009 $812.50 $812.50 Repayment Received
November 2009 $812.50 $812.50 Repayment Received
December 2009 $812.50 $812.50 Repayment Received