Hasifa Namawejje's Group
Status: Paid Back
| $4,200.00 | Loan Request | |
|---|---|---|
| $4,200.00 | Paid Back |
About the Group
| Group Name: | Hasifa Namawejje's Group |
|---|---|
| Group Members: |
Hasifa Namawejje Josephine Nalongo Rehema Namayega Harriet Nassiwa Sarah Babirye Milly Namulindwa Grace Nakyagaba Betty Mutesi Fred Musisi Christine Masiga Robinah Nakanyike |
| Location: | Lugazi, Uganda |
| Activity: | Farming |
About the Loan
| Loan Amount: | $4,200.00 |
|---|---|
| Loan Use: | Buying a plot of land to expand her farming |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Jun 26, 2009 |
| Date Disbursed: | Jun 26, 2009 |
| Date Funded: | Jun 28, 2009 |
| Loan Ended: | Nov 15, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | Pearl Microfinance Limited |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 26 months |
| Kiva Entrepreneurs: | 10810 |
| Total Loans: | $2,918,675 |
| 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: | 2,095.0000 UGX = 1 USD |
Namawejje Hasifa is the leader of Balikudembe group in Buwola. She is a polite woman and a married mother of 5 children aged 14-2 years, of whom 4 are in primary school. She is a business-lady selling "nakati" (green vegetables) that she grows in her gardens; she also keeps sheep and goats for meat and wants to expand her farm.
Her customers for the green vegetables are located all over Lugazi and she is lucky that her customers come to her for the purchases, hence allowing her to save on transport. She is able to make weekly profits of 30,000/= per week (minus the sale of animals). Hasifa needs a loan to top up with her current savings and buy another piece of land to expand her farming.
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 Hasifa Namawejje's Group
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Loan has been disbursed
Location: Lugazi, Uganda
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Posted by
from Lugazi, Uganda
Jun 29, 2009 |
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Comment on this entry
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Repayment Schedule for Hasifa Namawejje's Group
Repayment Schedule for Hasifa Namawejje's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| September 2009 | $1,050.00 | $1,050.00 |  Repayment Received
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| October 2009 | $1,050.00 | $1,050.00 | Repayment Received
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| November 2009 | $1,050.00 | $1,050.00 | Repayment Received
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| December 2009 | $1,050.00 | $1,050.00 | Repayment Received
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