Judith Twikirize's Group


Status: Paying Back

$3,875.00   Loan Amount
81% repaid

About the Group

Group Name: Judith Twikirize's Group
Group Members: Judith Twikirize
Edith Bainarugaba
Gloria Tushemerirwe
Joseph Tayebwa
Rose Komugisha
Hajara Akatuhura
Alex Begumya
Specioza Kemeri
Hadijah Sekimyanyi
Jovia Kabara
Loyce Kobusingye
Edith Besimire
Location: Bushenyi, Uganda
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $3,875.00
Loan Use: To buy more produce 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:Jul 31, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:2,075.0000 UGX = 1 USD



Twikirize Judith is a very hardworking lady, who mainly sells bananas. She is a divorced mother of three children, ages 3 – 12 years, and she cares for 2 orphans. Her business is mainly situated in Ishaka town. Her main business challenge is debtors who buy on credit.


Her start-up capital was about 300,000 shillings two years ago, but she now has capital of 5,000,000 shillings. Judith hopes to one day move from retail sales to wholesale. She wants to educate her children up to the highest level using profit from her sales and with the help of loans. At the moment, she needs to add more capital to her business so that she can save for her children’s school fees.




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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Joan
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TAKAHIRO
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G.M.
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Paul
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Pete D
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Patrick
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Ivo
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The Wasiak Foundation
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Stephanie
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Raymond
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Ellen
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Tom
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Tanya
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Anonymous
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Journal entries for Judith Twikirize's Group


Loan has been disbursed
 
Entrepreneur: Judith Twikirize's Group
Location: Bushenyi, Uganda

Thank you for your loan. It has been disbursed to Judith Twikirize's Group, consisting of Judith Twikirize, Edith Bainarugaba, Gloria Tushemerirwe, Joseph Tayebwa, Rose Komugisha, Hajara Akatuhura, Alex Begumya, Specioza Kemeri, Hadijah Sekimyanyi, Jovia Kabara, Loyce Kobusingye, Edith Besimire by Pearl Microfinance Limited in Uganda. We are excited to watch this business grow. Over the 3 months of this loan, Pearl Microfinance Limited will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Bushenyi, Uganda
Aug 1, 2009
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Kiva Help Repayment Schedule for Judith Twikirize's Group

  Expected Repayments Actual Repayments Comments
October 2009 $968.75 $968.75 Repayment Received
November 2009 $968.75 $968.75 Repayment Received
December 2009 $1,210.94 $1,210.94 Repayment Received
January 2010 $726.56 Available Jan 1