Saidat Nakagwa's Group
Status: Paying Back
| $4,975.00 | Loan Amount |
|---|
31% repaid
About the Group
| Group Name: | Saidat Nakagwa's Group |
|---|---|
| Group Members: |
Saidat Nakagwa Mwajuma Najjuma Prossy Nanyanzi Haawa Nambi Justine Lugolobi Night Namakula Keffe Kasozi Safina Kyamulabi Madinah Namusoke Robinah Nakalema Florence Nanyanzi David Wasswa Zam Nsereko Mary Kabaseke Daisy Nantanda Jane Nanyonjo (not pictured) |
| Location: | Lugazi, Uganda |
| Activity: | Soft Drinks |
About the Loan
| Loan Amount: | $4,975.00 |
|---|---|
| Loan Use: | Restocking her business with more sodas and mineral water. |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 19, 2009 |
| Date Disbursed: | Sep 17, 2009 |
| Date Funded: | Oct 16, 2009 |
About the Field Partner
About the Field Partner
|
|
| 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: | 1,940.0000 UGX = 1 USD |
Nakagwa Saidat is a 30 year old lady and a business lady in beverage selling. She started with a very small canteen 9 years ago and now has a large supply of drinks from Namawojjolo selling to customers on the Kampala – Jinja Highway. She is able to make 300,000/ as profits a month and these help to cater for her family needs and paying for the children’s school fees. She is a mother of 4 children all in primary school as she cares for other orphans. She has a plan of becoming a wholesale supplier to all the Namawojjolo market vendors. Saidat needs a loan to be able to buy more drinks like soda and mineral water 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
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 Saidat Nakagwa's Group
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Loan has been disbursed
Location: Lugazi, Uganda
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Posted by
from Lugazi, Uganda
Oct 17, 2009 |
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Comment on this entry
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Repayment Schedule for Saidat Nakagwa's Group
Repayment Schedule for Saidat Nakagwa's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $1,554.69 | $1,554.69 |  Repayment Received
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| January 2010 | $1,554.69 | Available Jan 1 | |||
| February 2010 | $1,243.75 | Available Feb 1 | |||
| March 2010 | $621.87 | Available Mar 1 | |||
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