David Kalule's Group


Status: Paying Back

$2,900.00   Loan Amount
50% repaid

About the Group

Group Name: David Kalule's Group
Group Members: David Kalule
Oliver Lutaaya
Rebecca Kintu
Dirisa Mubiru
Abu Nyanzi
Samuel Kibirige
Esther Naava
Ronald Kayondo
Location: Mukono, Uganda
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $2,900.00
Loan Use: Buying more matooke (green bananas) for resale
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 25, 2009
Date Disbursed: Aug 24, 2009
Date Funded:Aug 26, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:2,075.0000 UGX = 1 USD



Kalule David is the leader of his lending group in Mukono. He is a hard-working man with many dreams to come true. He is a businessman with a business of selling green bananas from Mukono Central market. Before the loans, David only sold banana fingers but now also has bunches in his stock. He is grateful for the transformation that the loans have brought in his business and he sees the future is bright for him. He makes profit from his business, some of which he saves for business expansion and paying school fees for his 4 children. He bought a plot of land and he plans to construct a family house where his children and wife will find peace away from landlords. David needs a loan to help him buy more matooke (plantains) for resale.



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

WSIB Management Team
Toronto, Ontario
Canada

Nate and Leah
Wheaton, IL
United States

David
Florham Park, NJ
United States

Christie
boulder, CO
United States

Bryan
St. Helena, CA
United States

Judi
Crestwood, IL
United States

Al & Linda
Frisco, TX
United States

Andrew and Christy
Burnaby, British Columbia
Canada

Terry
Los Angeles, CA
United States

Tim
Hollister, MO
United States

Amy
Seattle, WA
United States

Corinne
New York, NY
United States

Jan
Karlsbad,
Germany

Drew
Rochester, NY
United States

Michael
Frederiksberg,
Denmark

Marcel
Mijas, Malaga
Spain

Beach Money Profits
Tempe, AZ
United States

Brandon
Spokane, WA
United States

Keith

United Kingdom

Russell
Washington, DC
United States

Gordon
Winamac, IN
United States

Glenn
Calgary, Alberta
Canada

Olivier
Arlington, Virginia
United States

Brian
Columbus, Ohio
United States

Michael
Holly, MI
United States

Lindsay
Macungie, PA
United States

Turker
Richmond Hill, Ontario
Canada

Teresa
Kitchener, Ontario
Canada

Bryan
Pittsburgh, PA
United States

Richard
Tampa, FL
United States

Brooke
Los Angeles, CA
United States

DONKEYKONG
St. Catharines, Ontario
Canada

Jesse
Ontario
Canada

Joanne
Arroyo Hondo, NM
United States

Anonymous
Surprise, AZ
United States

tim and michelle
seattle, WA
United States

Rick & Lisa
Mountlake Terrace, WA
United States

Brian and Natalie
Mount Vernon, WA
United States

WHBC
Tonganoxie, KS
United States

JenMeister
Canberra, ACT
Australia

Mark
Drouin, Victoria
Australia

Paul & Barbara
Simi Valley, CA
United States

muriel
palo alto, CA
United States

Anonymous
Cremorne, New South Wales
Australia

The Glengrove Guild
Toronto, Ontario
Canada

Evan
Lubbock, Texas
United States

Christopher
Everett, WA
United States

Jeff
Twin Falls, ID
United States

Rik
Meerhout,
Belgium

Lea
Hobart, Tasmania
Australia

Cristina
Neutral Bay, New South Wales
Australia

Josh, Sav, Clark & Walt
Vancouver, BC
Canada

Indraneel
Singapore, Singapore
Singapore

Grigory
Pleasanton, CA
United States

Stephen
Vancouver, British Columbia
Canada

Dan
Los Angeles, CA
United States

Luc
Profondeville,
Belgium

Dre
Henderson, NV
United States

Bernardine
Pickerington, OH
United States

Wayne
Newark, OH
United States

Andy
Stafford, Staffordshire
United Kingdom

Aidan's Mommy

Netherlands

Paula
Madrid, Madrid
Spain

frank
bradford, MA
United States

Adeep
Frankfurt,
Germany

Bettina
Littlehampton, South Australia
Australia

Max and Emy
Albignasego, Padova
Italy

Andrew
Chifley, Australian Capital Territory
Australia

Homeschool Hogwarts
Amherst, Massachusetts
United States

michael
los angeles, CA
United States

Stephen
Hammersmith, London
United Kingdom

Josh
Roxbury, CT
United States

Alex
Zürich,
Switzerland

Kenneth Tin-Kin Hung
Brooklyn, NY
United States

Kevin
Bayside, NY
United States

Trav and Beck
Kensington, Victoria
Australia

Igal Sapir
Raanana,
Israel

Dick & Sally
St. Petersburg, FL
United States

Alyssa/Doug
Export, PA
United States

Chris Means
Chicago, IL
United States

Christine
Quesnel, British Columbia
Canada

Ryan Enns

Canada

Elies Campo
Barcelona, Barcelona
Spain

Paul
Calgary, AB
Canada

Jennifer
Portland, OR
United States

Mark Whittington
Jerusalem/Aspen, Israel/Colorado
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Journal entries for David Kalule's Group


Loan has been disbursed
 
Entrepreneur: David Kalule's Group
Location: Mukono, Uganda

Thank you for your loan. It has been disbursed to David Kalule's Group, consisting of David Kalule, Oliver Lutaaya, Rebecca Kintu, Dirisa Mubiru, Abu Nyanzi, Samuel Kibirige, Esther Naava, Ronald Kayondo by Pearl Microfinance Limited in Uganda. We are excited to watch this business grow. Over the 3 months of this loan, Pearl Microfinance Limited will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Mukono, Uganda
Aug 27, 2009
Comment on this entry

Kiva Help Repayment Schedule for David Kalule's Group

  Expected Repayments Actual Repayments Comments
November 2009 $725.00 $725.00 Repayment Received
December 2009 $725.00 $725.00 Repayment Received
January 2010 $906.25 Available Jan 1  
February 2010 $543.75 Available Feb 1