Harriet Nkoyoyo's Group
Status: Paying Back
| $2,650.00 | Loan Amount |
|---|
About the Group
| Group Name: | Harriet Nkoyoyo's Group |
|---|---|
| Group Members: |
Harriet Nkoyoyo Pross Birabwa Steven Kiwanuka Edward Kiwanuka Kulumus Kalema Pross Namatende Alice Namuyaba Scovia Mutiibwa Zaituni Kalema |
| Location: | Lugazi, Uganda |
| Activity: | Tailoring |
About the Loan
| Loan Amount: | $2,650.00 |
|---|---|
| Loan Use: | Clothing materials for the tailoring business |
| Repayment Term: | 5 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Aug 11, 2009 |
| Date Disbursed: | Aug 4, 2009 |
| Date Funded: | Aug 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: | 10752 |
| Total Loans: | $2,902,500 |
| 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: | 2,050.0000 UGX = 1 USD |
Harriet is a very friendly person and easy to talk to, yet very serious with what she does. She hopes to become a wholesaler of the clothes she makes and also build a residential house for her children. She is happy that together with her husband, she is able to educate her children using her profits. This time, she hopes to increase the capital in her business so that she will be able to make profit and put aside savings for caring for the children and business expansion.
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 Nkoyoyo's Group
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Loan has been disbursed
Location: Lugazi, Uganda
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Posted by
from Lugazi, Uganda
Aug 16, 2009 |
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Comment on this entry
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Repayment Schedule for Harriet Nkoyoyo's Group
Repayment Schedule for Harriet Nkoyoyo's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $496.88 | $496.88 |  Repayment Received
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| November 2009 | $662.50 | $662.50 | Repayment Received
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| December 2009 | $662.50 | $662.50 | Repayment Received
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| January 2010 | $828.12 | Available Jan 1 | |||
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