Faridah Nakamya


Status: Paying Back

$200.00   Loan Amount
45% repaid

About the Entrepreneur

Name: Faridah Nakamya
Location: Kampala, Uganda
Activity: Restaurant

About the Loan

Loan Amount: $200.00
Loan Use: to buy more crates of soda
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 25, 2009
Date Disbursed: Aug 12, 2009
Date Funded:Aug 25, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:2,053.0000 UGX = 1 USD



Faridah is a 28 year married with three children aged between 9 and 12 years. She resides and owns a two roomed house where she is staying with six people and All her children go to school. Faridah takes care of additional family members. There is electricity and no piped water at her home. The family gets three meals a day. She resides and works in semi urban area. She incurs extra transport to and from shopping .She buys her cold drinks in Kibuye one of the busiest markets in Uganda and does her shopping twice a week. She sells to 35 customers a day.and sells to all categories of people on Faridah works seven days a week. Her major monthly expenses include rent for business plus medication. She has been in this business for the last six years Faridah has been with MCDT for6 years servicing her tenth loan, working with the same group mates. She wants to use this loan to stock more food stuffs Faidah is aspiring of seeing her business grow bigger and owning a permanent business premise


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Lenders to this entrepreneur

Rutger
Den Haag,
Netherlands

Fred
Woodland, MN
United States

Anonymous
Port Jefferson Station, NY
United States

TomD
Glasgow,
United Kingdom



Journal entries for Faridah Nakamya


Loan has been disbursed
 
Entrepreneur: Faridah Nakamya
Location: Kampala, Uganda

Thank you for your loan. It has been disbursed to Faridah Nakamya by Micro Credit for Development and Transformation SACCO (MCDT SACCO) in Uganda. We are excited to watch this business grow. Over the 5 months of this loan, Micro Credit for Development and Transformation SACCO (MCDT SACCO) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kampala, Uganda
Aug 26, 2009
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Kiva Help Repayment Schedule for Faridah Nakamya

  Expected Repayments Actual Repayments Comments
October 2009 $16.67 $16.67 Repayment Received
November 2009 $41.66 $41.66 Repayment Received
December 2009 $33.34 $33.34 Repayment Received
January 2010 $33.33 Available Jan 1  
February 2010 $41.67 Available Feb 1  
March 2010 $33.33 Available Mar 1