Aisha Lukwago's Group
Status: Paying Back
| $4,925.00 | Loan Amount |
|---|
68% repaid
About the Group
| Group Name: | Aisha Lukwago's Group |
|---|---|
| Group Members: |
Aisha Lukwago Dorothy Naigaga Mariam Azoi Joy Namulondo Esther Kirya Fatuma Nairuba Rukia Baluma Amula Mutesi Janaina Mantana Christine Isiiko Olivia Nabisubi Madina Nabudde Julius Mutebi Betty Nakato Sophie Abdullah |
| Location: | Jinja, Uganda |
| Activity: | Tailoring |
About the Loan
| Loan Amount: | $4,925.00 |
|---|---|
| Loan Use: | Buying more clothes for sale and for the tailoring business. |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Aug 17, 2009 |
| Date Disbursed: | Aug 10, 2009 |
| Date Funded: | Aug 18, 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: | 2,050.0000 UGX = 1 USD |
Lukwago Aisha is the leader of her lending group in Jinja. She is 35 years old and married with 4 children aged 18 – 3 years as she takes care of her old parents and 3 orphans. She is a tailor and at the same time is involved into the sale of cloth materials for 10 years and her major challenge is the limited capital she has hence not having enough stock all the time. At the moment, she makes 80,000/= as weekly profits due to her quality materials and the fashionable designs for her customers. Her goal is to own business premises so as to stop renting plus own a house and improve the quality of life of her family. Aisha needs a loan to help increase cloth stock for the profits derived out of the business will help to meet the ever growing demand for the clothes that she sells hence more income.
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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Tomas K
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Top Lending Teams for this group
Atheists, Agnostics, Skeptics, Freethinkers, Secular Humanists and the Non-Religious
Common Interest
7028 Members
Journal entries for Aisha Lukwago's Group
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Loan has been disbursed
Location: Jinja, Uganda
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Posted by
from Jinja, Uganda
Aug 19, 2009 |
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Comment on this entry
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Repayment Schedule for Aisha Lukwago's Group
Repayment Schedule for Aisha Lukwago's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $615.62 | $615.62 |  Repayment Received
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| November 2009 | $1,231.25 | $1,231.25 | Repayment Received
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| December 2009 | $1,539.07 | $1,539.07 | Repayment Received
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| January 2010 | $1,231.25 | Available Jan 1 | |||
| February 2010 | $307.81 | Available Feb 1 | |||
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