Harriet Batenga's Group
Status: Paid Back
| $2,875.00 | Loan Request | |
|---|---|---|
| $2,875.00 | Paid Back |
About the Group
| Group Name: | Harriet Batenga's Group |
|---|---|
| Group Members: |
Harriet Batenga Christine Kirumira Ema Nassozi Janet Namugaya Betty Nagudi Sarah nalwadda Ali Kakayire Lydia Nakamya Hasifa Nantale Ibrahim Ntwatwa Sarah Nakinsige Steven Ombago |
| Location: | Lugazi, Uganda |
| Activity: | Poultry |
About the Loan
| Loan Amount: | $2,875.00 |
|---|---|
| Loan Use: | To buy more chickens and maize to sell to her customers |
| 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
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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: | 2,095.0000 UGX = 1 USD |
Batenga Harriet is the leader of a loan group called Kamu kamu. She is hard working and very friendly, and makes a living selling poultry and maize. She has been in this business for over 10 years, and is grateful that both parts of her businesses are doing well and help support each other. As a result, she has been able to buy cows, goats and plots of land, and pay her children’s school fees -- all from the proceeds of her hard work. She is applying for a new loan to expand her business by buying more maize and chickens to sell to her customers.
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
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 Harriet Batenga'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 Harriet Batenga's Group
Repayment Schedule for Harriet Batenga's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| September 2009 | $718.76 | $718.76 |  Repayment Received
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| October 2009 | $718.76 | $718.76 | Repayment Received
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| November 2009 | $718.76 | $718.76 | Repayment Received
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| December 2009 | $718.72 | $718.72 | Repayment Received
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