Edivinah Unity's Group
Status: Paying Back
| $3,950.00 | Loan Amount |
|---|
81% repaid
About the Group
| Group Name: | Edivinah Unity's Group |
|---|---|
| Group Members: |
Edivinah Unity Beatrice Kansiime Joseph Muhwezi Dinah Natukunda Prossy Nayebare Hope Kyomuhangi Gladys Mudaki Gertrude Byahika Prossy Kuteesa Maureen Natukwasa (not pictured) Alex Byaruhanga |
| Location: | Bushenyi, Uganda |
| Activity: | Grocery Store |
About the Loan
| Loan Amount: | $3,950.00 |
|---|---|
| Loan Use: | To buy more foodstuffs for resale |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Jul 29, 2009 |
| Date Disbursed: | Jul 24, 2009 |
| Date Funded: | Aug 7, 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: | 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: | 2,075.0000 UGX = 1 USD |
Unity Edivinah is a hard working lady with a strong drive to succeed. She is divorced but has managed to take care of her 3 children, all still in school and between the ages of 18 to 3, while she cares for 2 orphans. Edivinah has had a grocery business where she sells vegetables, beans, ground nuts and bananas for 15 years now. She is now able to make weekly profits of 100,000 Ugandan shillings (about $47 US) yet she started with capital of 50,000 shillings.
She has a dream of transforming from retail to wholesale so that she can be able to make greater profits from her sales. She needs a loan to be able to buy more produce for resale since having a bigger quantity of stock works so well for her and her family.
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 Edivinah Unity's Group
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Loan has been disbursed
Location: Bushenyi, Uganda
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Posted by
from Bushenyi, Uganda
Aug 8, 2009 |
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Comment on this entry
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Repayment Schedule for Edivinah Unity's Group
Repayment Schedule for Edivinah Unity's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $987.50 | $987.50 |  Repayment Received
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| November 2009 | $987.50 | $987.50 | Repayment Received
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| December 2009 | $1,234.38 | $1,234.38 | Repayment Received
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| January 2010 | $740.62 | Available Jan 1 | |||
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