Cate Sekirime's Group


Status: Paying Back

$1,825.00   Loan Amount
43% repaid

About the Group

Group Name: Cate Sekirime's Group
Group Members: Cate Sekirime
Norah Kyambadde
Dezilanta Nabawanuka
Godfrey Owindo
Bonifance Damulira
Molly Namirembe
Agnes Bukirwa
Christine Namuganga
Justine Nakaddu
Sam Kizza
Mayi Nazziwa
Harriet Nankya (not pictured)
Location: Mukono, Uganda
Activity: Beauty Salon

About the Loan

Loan Amount: $1,825.00
Loan Use: Buying more hair oiuls, cosmetics and hair pieces for the salon.
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 6, 2009
Date Disbursed: Aug 31, 2009
Date Funded:Sep 20, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,995.0000 UGX = 1 USD



Sekirime Cate is the leader of her lending group in Mukono. She is a friendly, determined and hard working married lady with a salon business in Nakisunga town and it has been running for 18 years. She is a happy woman with good ways of handling her customers in addition to the experience she has and she is grateful because she is able to make some profits that in turn help to boost her business. Cate has dreams of expanding her business by starting another branch and this will enable her to give a much stronger helping hand in addition to her husband’s contribution. However, her main business challenge is having customers that do not want to pay on time for the services rendered and this affects her cash flow. She has 7 children and takes care of 1 orphan and the eldest of her children is at the University with a lot of school fees to pay. Cate needs a loan to be able to buy more hair oils, cosmetics and hair pieces for more stock.



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

KALLISTI
Roma, RM
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Graeme
Whitchurch, Hampshire
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Kaley & Nick
Surrey, British Columbia
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Tom
Ashland, NE
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Laurent D
Brussels,
Belgium

mariette
eindhoven,
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Anonymous
Bryan, TX
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Flip & Melissa
Winston Salem, NC
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Hany
Downsville, LA
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Deborah
Los Angeles, CA
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Matt
Socorro, NM
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MarkhamX
Kaysville, UT
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Dale
Ocala, FL
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Nancy
Portland, OR
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Sheryl
Redcliffe, Queensland
Australia

dslunsford1
Hampton, VA
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Dirk L.

Germany

Casper
Slagelse,
Denmark

Shree
LOTUS Team, Bay Area, CA
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Tony
Auckland,
New Zealand

3B-EDITIONS
DIJON,
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neddotcom
worldwide, OR
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Charles
Champaign, IL
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Joey
Los Angeles, CA
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Vic
Chico, CA
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Mishka
Canberra, Australian Capital Territory
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Sheila
Vancouver, BC
Canada

Emmy
Vancouver, BC
Canada

Mimi
Vancouver, BC
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David
Laval,
France

Amy
Seattle, Wa
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Giovanni Cataldi
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Himavat
New Delhi,
India

Arik
Washington, DC
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DO IT Foundation
Judendorf-Strassengel,
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Louis-Eric Simard
Montreal, Quebec
Canada

Anonymous
Nampa, ID
United States

Renee

United States

Barbara
Oxnard, CA
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RNW
Seabrook, TX
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Helene
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Jonathan and Lisa
Urbandale, IA
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Anonymous
old mystic, CT
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Anonymous
Santa Maria, CA
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Jon
Fort Collins, CO
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Mark & Rita
Cumberland, MD
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Joana Nicolau
Portela, Lisboa
Portugal

Helle
Århus C,
Denmark

Jennifer
Burke, VA
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Megan
North Perth, WA
Australia

Lisa
Somerset, NJ
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bill
fairfax, VA
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Keith Tanja & Kiera
Toronto, Ontario
Canada

Julian
Hoboken, NJ
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Scott, Doreen & Aiden
Pittsburg, CA
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Jean-Marie
Drummondville, Quebec
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Jill & Tom
Carmichael, CA
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Howard & Jillian
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Jenny
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Journal entries for Cate Sekirime's Group


Loan has been disbursed
 
Entrepreneur: Cate Sekirime's Group
Location: Mukono, Uganda

Thank you for your loan. It has been disbursed to Cate Sekirime's Group, consisting of Cate Sekirime, Norah Kyambadde, Dezilanta Nabawanuka, Godfrey Owindo, Bonifance Damulira, Molly Namirembe, Agnes Bukirwa, Christine Namuganga, Justine Nakaddu, Sam Kizza, Mayi Nazziwa, Harriet Nankya 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
Sep 21, 2009
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Kiva Help Repayment Schedule for Cate Sekirime's Group

  Expected Repayments Actual Repayments Comments
November 2009 $342.19 $342.19 Repayment Received
December 2009 $456.25 $456.25 Repayment Received
January 2010 $570.31 Available Jan 1  
February 2010 $456.25 Available Feb 1