Aminah Nakitende's Group
Status: Paid Back
| $2,800.00 | Loan Request | |
|---|---|---|
| $2,800.00 | Paid Back |
About the Group
| Group Name: | Aminah Nakitende's Group |
|---|---|
| Group Members: |
Aminah Nakitende Fatumah Nansamba Hadijah Nampa Idi Sentongo Yudayah Namirimu Faridah Ndagire Hajarah Nalukenge Safina Nassimbwa |
| Location: | Mpigi, Uganda |
| Activity: | General Store |
About the Loan
| Loan Amount: | $2,800.00 |
|---|---|
| Loan Use: | To restock her shop |
| 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 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: | 2,113.9998 UGX = 1 USD |
Nakitende Aminah has had a retail shop as her business for eight years. She is 29 years old and married with three children aged 10, 8, and 6 in primary 3, 2 and 1 respectively.
She had a challenge of lack of enough capital but, now that she can access loans, the problem is somewhat solved. She can use her loans to restock her shop with more products hence making more profits of about UGX 60,000 a week. She hopes her shop will grow much bigger so that she is able to buy her own house in the future. She needs a new loan to help restock her shop.
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
She had a challenge of lack of enough capital but, now that she can access loans, the problem is somewhat solved. She can use her loans to restock her shop with more products hence making more profits of about UGX 60,000 a week. She hopes her shop will grow much bigger so that she is able to buy her own house in the future. She needs a new loan to help restock her shop.
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
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l t h
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Diane R
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Mark
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Cassandra & Stephan
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Michelle
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Mary
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Ellen & Jean
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Susan R
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Maureen
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Jane
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Journal entries for Aminah Nakitende's Group
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Loan has been disbursed
Location: Mpigi, Uganda
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Posted by
from Mpigi, Uganda
Jun 21, 2009 |
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Comment on this entry
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Repayment Schedule for Aminah Nakitende's Group
Repayment Schedule for Aminah Nakitende's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| September 2009 | $875.00 | $875.00 |  Repayment Received
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| October 2009 | $700.00 | $700.00 | Repayment Received
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| November 2009 | $875.00 | $875.00 | Repayment Received
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| December 2009 | $350.00 | $350.00 | Repayment Received
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