Hadijah Nakazzi's Group
Status: Paying Back
| $3,550.00 | Loan Amount |
|---|
31% repaid
About the Group
| Group Name: | Hadijah Nakazzi's Group |
|---|---|
| Group Members: |
Hadijah Nakazzi Mary Nakayiza Mary Nalweyiso Kasimu Lutalo Betty Namubiru Siraje Kiwanuka Edith Namale Hasifa Nalubowa Suzan Nakanda Selina Fuga Justine nanyondwa Robert Sembajwe (not pictured) Paul Kidda (not pictured) |
| Location: | Lugazi, Uganda |
| Activity: | Farm Supplies |
About the Loan
| Loan Amount: | $3,550.00 |
|---|---|
| Loan Use: | Buying more agricultural produce for resale. |
| 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: | 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: | 10718 |
| Total Loans: | $2,893,675 |
| 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 |
Nakazzi Hadijah is the leader of her lending group in Lugazi. She is 58 years old and a widow with 5 children all in primary and secondary school as well as taking care of other orphans. She is a business lady involved in the sale of agricultural produce from Buikwe trading centre for 7 years. Her major business challenge is having a lot of competition among people in the same business hence reducing the prices. She started with the sale of clothes and changed for the better and is not regretting. She hopes to become a wholesale supplier of agricultural produce so that she can be able to earn much. She needs a loan to help buy more agricultural produce for resale since this widens her profits and enables the payment of school fees. She is such a hard working lady.
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 Hadijah Nakazzi's Group
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Loan has been disbursed
Location: Lugazi, Uganda
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Posted by
from Lugazi, Uganda
Sep 21, 2009 |
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Comment on this entry
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Repayment Schedule for Hadijah Nakazzi's Group
Repayment Schedule for Hadijah Nakazzi's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| November 2009 | $221.88 | $221.88 |  Repayment Received
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| December 2009 | $887.49 | $887.49 | Repayment Received
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| January 2010 | $887.50 | Available Jan 1 | |||
| February 2010 | $1,109.38 | Available Feb 1 | |||
| March 2010 | $443.75 | Available Mar 1 | |||
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