Ben Mbulakyalo's Group
Status: Paying Back
| $4,125.00 | Loan Amount |
|---|
37% repaid
About the Group
| Group Name: | Ben Mbulakyalo's Group |
|---|---|
| Group Members: |
Ben Mbulakyalo Adora Ssekabira Christine Habu Resty Nalubega Caroline Nakintu Sipe Kyobula Masitula Namuddu Ayubu Jjuma Saulo Gwayambadde Jane Butege Patricia Nalwanga Hamidah Namaganda Hakimu Magola Mary Mukasa (not pictured) |
| Location: | Lugazi, Uganda |
| Activity: | Fishing |
About the Loan
| Loan Amount: | $4,125.00 |
|---|---|
| Loan Use: | Recapitalising business and paying school fees for the children. |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 19, 2009 |
| Date Disbursed: | Sep 10, 2009 |
| Date Funded: | Sep 28, 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: | 1,940.0000 UGX = 1 USD |
Mbulakyalo Ben is the leader of his group in Lugazi. He is a married man with 8 children aged between 23 – 9 years all in school with the first still at the University as he takes care of his other siblings. Ben is a fisherman in Kiyindi for 9 years selling all his catch for an income. At first, before this business, he was a salary earner employed by a fishing company and the little capital he had enabled him buy a boat and fishing net in addition to the loans. Now he has more than doubled his earnings and he is proud of his achievements since he employs more than 7 people. He wants to become the supplier of boat engines because they earn more as well as continue educating his children for a decent future. He needs a loan to help recapitalize his business plus paying school fees for his children.
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
Jean
PARIS,
France
Brian C
New York, NY
United States
Dan
Pittsburgh, PA
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Thomas
Rock Island, IL
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Maho
Matsuura, Nagasaki
Japan
César-Mario
Los Gatos, CA
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Elif & Laurent
Brooklyn, NY
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Mark
Beijing
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Matthew
San Dimas, CA
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Robel Yemiru
Alexandria, VA
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Dean
Winnipeg, MB
Canada
Bjørn Petter
Stavanger,
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Mike
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David
Pasadena, CA
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William & Maria
Lexington, KY
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Paula & Creig
Florence, OR
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Lynda and Dan
Las Cruces, NM
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Conor & Colin & Caitlin
Lafayette, CA
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Anonymous
n ft myers, FL
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Julia
Pasadena, CA
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Deborah
Centerport, NY
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Nikos
Lugano, Ticino
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Douglas
Chicago, IL
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Dick
Parkersburg, WV
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Jill & Sandy
San Francisco, CA
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Stephen
University City, MO
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cathy
Flushing, NY
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Chris Shiflett
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Eric
Chevy Chase, MD
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Silvia
Fairfax Station, VA
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Anonymous
fresno, CA
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Neil Desai Foundation
London, London
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Sierra Foundation
Dordrecht,
Kathy
Grand Ledge, MI
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Anonymous
Kapaa, HI
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Tom
Chicago, IL
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Colleen & Bill
Hampshire, IL
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Yola
San Francisco, CA
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Patrik
Uppsala,
Sweden
Derek
Ireland
Global.Ed
Aldergrove, British Columbia
Canada
Anonymous
Anonymous
garden grove, CA
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Odd Martin
Oslo,
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Dr Bob Haynes
Junction City, KS
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Tyler
Denver, CO
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Bahram
Van Nuys, CA
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Laura
Saint Louis, MO
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Katy&Scott
mandeville, LA
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Colin
Mystic, CT
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Rachel
Seattle, WA
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Umpei
Beppu, Oita
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Amalio
Arlington, VA
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Foley
Ocilla, GA
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Snak
Markham, Ontario
Canada
Tim & Richelle
Portland, OR
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Martin
Unterleinleiter,
Germany
Jan
Werkendam,
Netherlands
Brandon
Spokane, WA
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justus
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Mohammed Al-Sabah
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Kuwait
Sandi & David
Orlando, FL
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Benjamin
Toulouse,
France
karold
issaquah, WA
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Griff and Mary Beth
Madison, WI
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Sudonym
Tigard, OR
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Kiwi
Auckland,
New Zealand
Paris
North Andover, MA
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Igal Sapir
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George
Zimmerman, MN
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Fay and Richard
West Sayville, NY
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Jamie
Benowa, Queensland
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Marcel
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Phyllis
Waxahachie, TX
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Ross and Caren
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Sharon
warren, PA
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Shinichi
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Ted and Katharine
Philadelphia, PA
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Greg
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Anonymous
santa Monica, CA
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Jenny, Jamie and family
mitcham, surrey
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Steve
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Ralph
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Anonymous
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CRL
Raleigh, NC
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Terry & Judy
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sabiha
maple, Ontario
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Don
Newmarket, Ontario
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Diederik & Laura
Beek Ubbergen, Gelderland
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Peter & Rosanne
Fife, Scotland
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John
Saylorsburg, PA
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Lynn
San Leandro, CA
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Karen
Bloomfield, NJ
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Ursula
Munich,
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Josh Devins
Berlin,
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Anonymous
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Michael
Leeds, West Yorkshire
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QueNoFollamos
Madrid, Madrid
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Jing
San Francisco, CA
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Lauren
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Jane
Athens, GA
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Sergio Pinto
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Glenn
London,
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Susanne
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Anonymous
Crossville, TN
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Lyn
Petaluma, CA
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Sherry
Kamloops, British Columbia
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Anna
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dongju
Yongin,
Korea, Republic of
GypsyKT
TULSA, OK
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Jeff
Rocklin, CA
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Steve
Richmond, British Columbia
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Lee
san francisco, CA
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Myles
Burnaby, British Columbia
Canada
Erik
Oslo,
Norway
Howard & Jillian
Vence,
France
Anonymous
Sellicks Beach, South Australia
Australia
Max Volpi
Voghera, Pavia
Italy
Anonymous
New York, NY
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Unbiased Wealth Mgmt.
Calgary, Alberta
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Sascha
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Branden
Seattle, WA
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Michael
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Top Lending Teams for this group
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7007 Members
Journal entries for Ben Mbulakyalo's Group
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Loan has been disbursed
Location: Lugazi, Uganda
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Posted by
from Lugazi, Uganda
Sep 29, 2009 |
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Comment on this entry
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Repayment Schedule for Ben Mbulakyalo's Group
Repayment Schedule for Ben Mbulakyalo's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| November 2009 | $515.63 | $515.63 |  Repayment Received
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| December 2009 | $1,031.25 | $1,031.25 | Repayment Received
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| January 2010 | $1,031.25 | Available Jan 1 | |||
| February 2010 | $1,289.06 | Available Feb 1 | |||
| March 2010 | $257.81 | Available Mar 1 | |||
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