Moses Ndifuna's Group
Status: Paying Back
| $4,800.00 | Loan Amount |
|---|
62% repaid
About the Group
| Group Name: | Moses Ndifuna's Group |
|---|---|
| Group Members: |
Moses Ndifuna Emmanuel Kisitu John Kavuma Beth Kitimbo Isa Kitonsa Muzamiru Kasiyo Janet Onzia Farouk Muyomba Swaibu Mukembo Muhammed Basooma Muhammed Ssaka Ali Moses Hassan Wasswa Lonnika Duku Salama Ssamanya Farida Nakate Dhalia Watuwa Scovia Nambuya Vincent Othieno Harriet Kizito Abdallah Ssemakula Joan Mulindwa Sula Adonia Ben Bampalana Aisha Pony |
| Location: | Kayunga, Uganda |
| Activity: | Farming |
About the Loan
| Loan Amount: | $4,800.00 |
|---|---|
| Loan Use: | Buying quality seeds and employing manpower on his farm |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Aug 25, 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 |
Ndifuna Moses is the leader of this group in Kayunga. He is a responsible man and married with seven children and he takes care of 4 orphans, all in school. He is a farmer involved in the growing of maize, beans, coffee, and bananas, and he has been our client for four years. The loans have really helped him in his crop-growing, especially with manpower, enabling him to get enough profits that he uses partly to pay the children’s school expenses and invest more in his farm. His fellow group members agree that the loans have been instrumental in their families’ development and business transformation. Moses needs a loan to be able buy higher quality seeds for planting during this rainy season so as to get better yields.
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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Lenders to this group
Craig & Tracy
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Jon
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Breanne & Kristie
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Jessica
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Heather
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catherine
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Top Lending Teams for this group
Atheists, Agnostics, Skeptics, Freethinkers, Secular Humanists and the Non-Religious
Common Interest
7018 Members
Journal entries for Moses Ndifuna's Group
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Loan has been disbursed
Location: Kayunga, Uganda
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Posted by
from Kayunga, Uganda
Aug 26, 2009 |
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Comment on this entry
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Repayment Schedule for Moses Ndifuna's Group
Repayment Schedule for Moses Ndifuna's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $300.00 | $300.00 |  Repayment Received
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| November 2009 | $1,200.00 | $1,200.00 | Repayment Received
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| December 2009 | $1,500.00 | $1,500.00 | Repayment Received
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| January 2010 | $1,200.00 | Available Jan 1 | |||
| February 2010 | $600.00 | Available Feb 1 | |||
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