Beatrice Kaweke's Group


Status: Paid Back

$4,975.00   Loan Request
$4,975.00   Paid Back

About the Group

Group Name: Beatrice Kaweke's Group
Group Members: Beatrice Kaweke
Joy Walakira
Hellen Semata
Deborah Nabagala
Angella Najjemba
Rose Kawala
Lydia Nakityo
Martha Kawala
Esther Mubiru
Mariam Twaha
Aisha Bateganya
Jane Namugenyi
Musana Konso
Geofrey Mpagi
John Kusemererwa
Robert Musinguzi
Location: Kampala, Uganda
Activity: General Store

About the Loan

Loan Amount: $4,975.00
Loan Use: To restock her store and buy building materials .
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 19, 2009
Date Disbursed: Jun 17, 2009
Date Funded:Jun 20, 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



Beatrice Kaweke is a friendly and hard-working 40-year-old widow with five children aged 12 to 20 years of age. The older two are currently on vacation, while the rest are in secondary school. She also cares for one nephew, one niece and her own parents. Beatrice makes a living running a canteen and a farm that she has owned for five years. She is also a seamstresss, who learned her trade at a school where she now teaches sewing other people, mostly young girls.

In her canteen, Beatrice sells a variety of products because this attracts more customers, and uses a portion of her income to pay school fees for her children and to maintain their standard of living. She has applied for this loan to complete work on the building where she teaches sewing, and to buy more products for her canteen, particularly sugar, bread and cakes. She leads the Tulwanirewamu loan group pictured here.



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 Beatrice Kaweke's Group


Loan has been disbursed
 
Entrepreneur: Beatrice Kaweke's Group
Location: Kampala, Uganda

Thank you for your loan. It has been disbursed to Beatrice Kaweke's Group, consisting of Beatrice Kaweke, Joy Walakira, Hellen Semata, Deborah Nabagala, Angella Najjemba, Rose Kawala, Lydia Nakityo, Martha Kawala, Esther Mubiru, Mariam Twaha, Aisha Bateganya, Jane Namugenyi, Musana Konso, Geofrey Mpagi, John Kusemererwa, Robert Musinguzi by Pearl Microfinance Limited in Uganda. We are excited to watch this business grow. Over the 3 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 Kampala, Uganda
Jun 21, 2009
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Kiva Help Repayment Schedule for Beatrice Kaweke's Group

  Expected Repayments Actual Repayments Comments
September 2009 $1,554.70 $1,554.70 Repayment Received
October 2009 $1,243.76 $1,243.76 Repayment Received
November 2009 $1,554.70 $1,554.70 Repayment Received
December 2009 $621.84 $621.84 Repayment Received