Ibrahim Mayanja's Group
Status: Paid Back
| $1,775.00 | Loan Request | |
|---|---|---|
| $1,775.00 | Paid Back |
About the Group
| Group Name: | Ibrahim Mayanja's Group |
|---|---|
| Group Members: |
Ibrahim Mayanja Suzan Lwanga Edward Kiyingi Sulaiti Mukiibi Mary Nakanwagi Mohammed Lugolobi |
| Location: | Kayunga, Uganda |
| Activity: | Tailoring |
About the Loan
| Loan Amount: | $1,775.00 |
|---|---|
| Loan Use: | To buy more suit materials for his business. |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 26, 2009 |
| Date Disbursed: | Jun 25, 2009 |
| Date Funded: | Jun 28, 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: | 10718 |
| Total Loans: | $2,893,675 |
| 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: | 2,090.0000 UGX = 1 USD |
Ibrahim Mayanja is the leader of the Biva Muntuuyo group in Kayunga. He is married with six children that are all in school. He is a business man who has had a tailoring business for 12 years. He makes casual and formal suits for men. He is well known for the services he renders and this wins him many loyal customers. In the shop, he employs three people to utilize the four sewing machines he owns. They help run the business with him, making more suits and more money.
He is requesting a loan to buy more suit materials for his business so that he has a variety.
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 Ibrahim Mayanja's Group
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Loan has been disbursed
Location: Kayunga, Uganda
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Posted by
from Kayunga, Uganda
Jun 29, 2009 |
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Comment on this entry
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Repayment Schedule for Ibrahim Mayanja's Group
Repayment Schedule for Ibrahim Mayanja's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| September 2009 | $443.75 | $443.75 |  Repayment Received
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| October 2009 | $443.75 | $443.75 | Repayment Received
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| November 2009 | $443.75 | $443.75 | Repayment Received
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| December 2009 | $443.75 | $443.75 | Repayment Received
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