Christopher Kirya's Group
Status: Paying Back
| $3,025.00 | Loan Amount |
|---|
62% repaid
About the Group
| Group Name: | Christopher Kirya's Group |
|---|---|
| Group Members: |
Christopher Kirya Matiya Samanya Sarah Nabisaalu Francis Zimula Regina Nakimuli Lule Maglilan Sadat Nangoli Ronald Zibu Hawa Mastajabu Oliver Magirane |
| Location: | Kangulumira, Uganda |
| Activity: | General Store |
About the Loan
| Loan Amount: | $3,025.00 |
|---|---|
| Loan Use: | Restocking his retail shop with more goods for increased profitability. |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Aug 24, 2009 |
| Date Disbursed: | Aug 14, 2009 |
| Date Funded: | Aug 25, 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: | 2,075.0000 UGX = 1 USD |
Kirya Christopher is a hard working and determined man with a family of 4 children as he cares for two dependants. All his children are school going and he works tirelessly to ensure that he completes his children’s fees on time. He has a retail shop business where he sells general merchandise in Kungu – Kavule for 10 years and he is happy that he is able to make 100,000/= as profits a week. Christopher wants to turn his retail shop into a wholesale shop in future so that he can increase his profitability and take care of his family better. He needs a loan to be able to add it in his business as working capital so that his business can run smoothly.
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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Top Lending Teams for this group
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Journal entries for Christopher Kirya's Group
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Loan has been disbursed
Location: Kangulumira, Uganda
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Posted by
from Kangulumira, Uganda
Aug 26, 2009 |
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Comment on this entry
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Repayment Schedule for Christopher Kirya's Group
Repayment Schedule for Christopher Kirya's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $189.06 | $189.06 |  Repayment Received
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| November 2009 | $756.25 | $756.25 | Repayment Received
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| December 2009 | $945.32 | $945.32 | Repayment Received
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| January 2010 | $756.25 | Available Jan 1 | |||
| February 2010 | $378.12 | Available Feb 1 | |||
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