Immaculate Twikyirize's Group
Status: Paying Back
| $2,750.00 | Loan Amount |
|---|
50% repaid
About the Group
| Group Name: | Immaculate Twikyirize's Group |
|---|---|
| Group Members: |
Immaculate Twikyirize John Muhanguzi Stephen Byamukama Ronald Kwezi Joy Tusiime Joy Katushbe Julius Bashushana Edinah Tubenawe (not pictured) Michedadi Kigongo Juma Nshamba Patrick Tumuhairwe Augustus Mugume Lauriano Tumusiime Moses Twine John Nkuriremu Bonefasi Bitature |
| Location: | Ibanda, Uganda |
| Activity: | Pub |
About the Loan
| Loan Amount: | $2,750.00 |
|---|---|
| Loan Use: | To increase the stock of beverages for her bar. |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Aug 22, 2009 |
| Date Disbursed: | Aug 17, 2009 |
| Date Funded: | Aug 22, 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: | 2,055.0001 UGX = 1 USD |
Immaculate Twikyirize is the leader of this lending group in Ibanda. She is 28 years old and married with 2 children who attend primary school. She is a hardworking and determined lady with a bar business in the Bisheshe trading center. She has been running this business for one year and her best selling point is making good and classy drinks. She is now seeking a loan in order to increase her stock of beer, wine, soda, mineral water, and malwa so she can attract more and more customers, and therefore more income. The profits from this business, in contribution with that of her husband, will continue to help Immaculate provide for her family and educate her children.
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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Journal entries for Immaculate Twikyirize's Group
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Loan has been disbursed
Location: Ibanda, Uganda
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Posted by
from Ibanda, Uganda
Aug 23, 2009 |
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Comment on this entry
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Repayment Schedule for Immaculate Twikyirize's Group
Repayment Schedule for Immaculate Twikyirize's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| November 2009 | $687.50 | $687.50 |  Repayment Received
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| December 2009 | $687.50 | $687.50 | Repayment Received
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| January 2010 | $687.50 | Available Jan 1 | |||
| February 2010 | $687.50 | Available Feb 1 | |||
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