Gertrude Nabukalu's Group


Status: Paying Back

$5,000.00   Loan Amount
43% repaid

About the Group

Group Name: Gertrude Nabukalu's Group
Group Members: Gertrude Nabukalu
Sophia Kabagenyi
Rebecca Bekinga
Aisha Nakiyingi
Florence Namakula
Faith Nanyanzi
Teo Nabukenya
Mary Florence Nakayiza
Annet Mukasa
Potias Mutyaba
Michael Lugo
Joseph Kigundu
Padde Kasiwa
Maria Naluyima
Rhamanzani Ssegirinya
Medadi Twongire
Federesi Namutebi
Sam Mwesigye
Location: Mubende, Uganda
Activity: Personal Education Expenses

About the Loan

Loan Amount: $5,000.00
Loan Use: Paying school fees for her children and restocking her retail shop
Repayment Term: 5 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 19, 2009
Date Disbursed: Sep 3, 2009
Date Funded:Sep 19, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,950.0000 UGX = 1 USD



Nabukalu Gertrude is the leader of her lending group in Mubende. She is 45 years old and married with 6 children aged between 28 – 12 years and she takes care of 2 other dependents. She is a businesswoman with a retail shop in Kyenda, Kitenga subcounty that she has been running for 5 years and she is able to make reasonable profit that helps to look after her family and put aside some savings. She is a friendly and hard-working lady and this is key in her good customer care skills. She needs a loan to be able to pay her children’s school fees and for restocking her shop with more products.



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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Journal entries for Gertrude Nabukalu's Group


Loan has been disbursed
 
Entrepreneur: Gertrude Nabukalu's Group
Location: Mubende, Uganda

Thank you for your loan. It has been disbursed to Gertrude Nabukalu's Group, consisting of Gertrude Nabukalu, Sophia Kabagenyi, Rebecca Bekinga, Aisha Nakiyingi, Florence Namakula, Faith Nanyanzi, Teo Nabukenya, Mary Florence Nakayiza, Annet Mukasa, Potias Mutyaba, Michael Lugo, Joseph Kigundu, Padde Kasiwa, Maria Naluyima, Rhamanzani Ssegirinya, Medadi Twongire, Federesi Namutebi, Sam Mwesigye 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 Mubende, Uganda
Sep 20, 2009
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Kiva Help Repayment Schedule for Gertrude Nabukalu's Group

  Expected Repayments Actual Repayments Comments
November 2009 $937.50 $937.50 Repayment Received
December 2009 $1,250.00 $1,250.00 Repayment Received
January 2010 $1,250.00 Available Jan 1  
February 2010 $1,562.50 Available Feb 1