Jane Tumusiime's Group


Status: Paid Back

$3,725.00   Loan Request
$3,725.00   Paid Back

About the Group

Group Name: Jane Tumusiime's Group
Group Members: Jane Tumusiime
Moses Tumukunde
Vincent Barugahane
Emmanuel Besiga
Jacenta Kemijumbi
Gastone Tibingana
Josephine Matabaro
Annet Byaruhanga
Dativa Barimbi
Olivia Mwebembezi
Mary Amutuhaire
Jane Kyomugisha
Jane Komushago
Bony Kebirungi
Edisa Tumusiime
Barbara Katushabe
Edina Njunwoha
Diana Kamagumya
Innocent Begumana
Location: Ibanda, Uganda
Activity: Animal Sales

About the Loan

Loan Amount: $3,725.00
Loan Use: Buying more goats for her farm.
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 22, 2009
Date Disbursed: Jun 8, 2009
Date Funded:Jun 22, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:2,120.0000 UGX = 1 USD



Tumusiime Jane is a hard working and bold lady who knows what she wants, no matter what. She is the leader of Kanyansheko Bakyara Twimukye group in Ibanda and a widow, with 7 children. All of her children are in O level school. She also cares for many relatives, although they do not stay with her. Jane has had a business of rearing goats for sale for 3 years, in Nyakigando village. The main business challenge is the failure to access drugs for her animals. She is able to make 50,000 UGX as profits per week, hence being able to look after her children. Jane is also a farmer, though on a small scale, and the food helps to feed her children and the excess is sold off for money. She has a dream of buying more goats and of growing more crops so as to turn into a modern farmer for more profits from more customers. She needs a loan to be able to buy more goats for her farm.



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

Helle
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erin
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Damien
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Gary & Sharon
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Lisa
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Marissa
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Pavel
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bernard
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monts
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Tami
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Marian
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T
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Tom

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tshilo
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Patrick
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Dan
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Robert
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Leo
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Allyson
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Blanche
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Kevin
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Martha
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Anonymous
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Holly
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Kathy
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Soledad
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Jonathan
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Ben
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venessa
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Dale
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Soren
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Anna
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Carol
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tina
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Trish & Steve
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Erika
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Carin
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Darah
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Linda
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Journal entries for Jane Tumusiime's Group


Loan has been disbursed
 
Entrepreneur: Jane Tumusiime's Group
Location: Ibanda, Uganda

Thank you for your loan. It has been disbursed to Jane Tumusiime's Group, consisting of Jane Tumusiime, Moses Tumukunde, Vincent Barugahane, Emmanuel Besiga, Jacenta Kemijumbi, Gastone Tibingana, Josephine Matabaro, Annet Byaruhanga, Dativa Barimbi, Olivia Mwebembezi, Mary Amutuhaire, Jane Kyomugisha, Jane Komushago, Bony Kebirungi, Edisa Tumusiime, Barbara Katushabe, Edina Njunwoha, Diana Kamagumya, Innocent Begumana 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 Ibanda, Uganda
Jun 23, 2009
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Kiva Help Repayment Schedule for Jane Tumusiime's Group

  Expected Repayments Actual Repayments Comments
September 2009 $931.25 $931.25 Repayment Received
October 2009 $931.25 $931.25 Repayment Received
November 2009 $931.25 $931.25 Repayment Received
December 2009 $931.25 $931.25 Repayment Received