Nuluyat Namwase's Group
Status: Paying Back
| $3,050.00 | Loan Amount |
|---|
37% repaid
About the Group
| Group Name: | Nuluyat Namwase's Group |
|---|---|
| Group Members: |
Nuluyat Namwase Stella Nakalembe Winifred Asiimwe Aidah Nakawunde Samalie Nalutaaya Dorothy Namuddu James Wagabu Justine Najjuka Rose Nakitende Beatrice Muwonge Resty Namutebi Jane Nungi Norah Mbabazi Justine Babirye Juliet Nassanga Pascal Sekyewa Sophia Mutyaba Robinah Nakajubi Judith Nandawula Oliver Mutesi Aisha Nalukwago James Kasumba (not pictured) Milly Nambalirwa |
| Location: | Mukono, Uganda |
| Activity: | General Store |
About the Loan
| Loan Amount: | $3,050.00 |
|---|---|
| Loan Use: | To restock her retail shop with more goods |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 16, 2009 |
| Date Disbursed: | Sep 8, 2009 |
| Date Funded: | Sep 20, 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: | 10683 |
| Total Loans: | $2,885,625 |
| 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: | 1,960.0000 UGX = 1 USD |
Namwase Nuluyat is a 41 year old lady, married with five children between the ages of 7 and 20. Her oldest is pursuing a degree at university. She is a hardworking and courageous lady with a retail shop business that she has been running from Kirinya-Bombe in Mukono for 10 years. Out of her sales, Nuluyat is able to make 200,000/= monthly profit, and this income has been instrumental in ensuring that her family is not lacking. She has a dream of expanding her shop further to ensure that her children can attain the best of education through her careful savings. She needs a loan to be able to stock her retail shop with more goods like sugar, salt, cooking oil, paraffin and other goods.
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
Sree
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John Shapiro
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Barbara
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Henry Yang DDS
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marek
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Minh Yen
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Michael & Christa
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Adam Gullen
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Will
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Kunal
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bill
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Akiba & Maryam
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Karin
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Anonymous
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Robert
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Kymbo
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Ana
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David Gonzalez
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Stephanie + Volker
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Top Lending Teams for this group
Atheists, Agnostics, Skeptics, Freethinkers, Secular Humanists and the Non-Religious
Common Interest
7010 Members
Journal entries for Nuluyat Namwase's Group
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Loan has been disbursed
Location: Mukono, Uganda
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Posted by
from Mukono, Uganda
Sep 21, 2009 |
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Comment on this entry
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Repayment Schedule for Nuluyat Namwase's Group
Repayment Schedule for Nuluyat Namwase's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| November 2009 | $381.25 | $381.25 |  Repayment Received
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| December 2009 | $762.50 | $762.50 | Repayment Received
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| January 2010 | $762.50 | Available Jan 1 | |||
| February 2010 | $953.13 | Available Feb 1 | |||
| March 2010 | $190.62 | Available Mar 1 | |||
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