Rebecca Namukasa's Group
Status: Paying Back
| $5,000.00 | Loan Amount |
|---|
93% repaid
About the Group
| Group Name: | Rebecca Namukasa's Group |
|---|---|
| Group Members: |
Rebecca Namukasa Hasifa Nalubega Josephine Nanyunja Angella Nakalema Mary Ssegawa Edith Nsereko Teddy Tabula Allen Tumuhirwe Habiba Namagga Mary Nakibuule Mariam Luyirika Rose Nampoza Dorothy Namutebi |
| Location: | Mpigi, Uganda |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $5,000.00 |
|---|---|
| Loan Use: | To buy more clothes and jewelry for her boutique. |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Jul 17, 2009 |
| Date Disbursed: | Jul 7, 2009 |
| Date Funded: | Jul 19, 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: | 2,107.0000 UGX = 1 USD |
Namukasa Rebecca is the leader of Akutwala Ekiro group in Mpigi. She is a hard-working single mother of a six-year-old child. She also cares for two dependents.
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
Rebecca has a boutique business in Kawempe. She has been running her business for one year. This is Rebecca’s second loan with the group and, so far, she was able to buy more fancy clothes for her customers, which won her more income. Rebecca is now able to make weekly profits of 20,000/= and she hopes for this to increase in the future. She is seeking this loan to help her buy more clothes and jewelry for her boutique.
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 Rebecca Namukasa's Group
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Loan has been disbursed
Location: Mpigi, Uganda
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Posted by
from Mpigi, Uganda
Jul 20, 2009 |
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Comment on this entry
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Repayment Schedule for Rebecca Namukasa's Group
Repayment Schedule for Rebecca Namukasa's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| September 2009 | $625.00 | $625.00 |  Repayment Received
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| October 2009 | $1,250.00 | $1,250.00 | Repayment Received
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| November 2009 | $1,562.50 | $1,562.50 | Repayment Received
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| December 2009 | $1,250.00 | $1,250.00 | Repayment Received
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| January 2010 | $312.50 | Available Jan 1 | |||
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