Aisha Balwa's Group
Status: Paying Back
| $3,800.00 | Loan Amount |
|---|
37% repaid
About the Group
| Group Name: | Aisha Balwa's Group |
|---|---|
| Group Members: |
Aisha Balwa Hasifa Nakacwa Sarah Mugambi Ruth Nankabirwa Sarah Kabale Fayima Nabukenya Bowazi Kiwanuka Yahaya Lwandiko Sam Golomba Esther Nabaweesa Mary Namakula Harriet Nalubega Zaituni Nakanjako Sarah Kayaga (not pictured) |
| Location: | Lugazi, Uganda |
| Activity: | Restaurant |
About the Loan
| Loan Amount: | $3,800.00 |
|---|---|
| Loan Use: | To buy more foodstuffs for her restaurant |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 21, 2009 |
| Date Disbursed: | Sep 10, 2009 |
| Date Funded: | Sep 25, 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 |
Balwa Aisha, 49, is the leader of her lending group in Lugazi. She received a loan previously that she used so well and now needs another. She is a businesswoman with a restaurant that she has owned for a long time.
Aisha is a widow with five children aged 13 to 30 years and she also takes care of six dependents. She is grateful that at least she does not have to pay fees for her primary-school-going children but pays for those in higher institutions.
Aisha’s business is doing well because of the way she handles her customers and this has even won her more customers. She still has a dream of building her own house that can accommodate her restaurant. She needs a loan to help buy more foodstuffs for her restaurant.
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
Aisha is a widow with five children aged 13 to 30 years and she also takes care of six dependents. She is grateful that at least she does not have to pay fees for her primary-school-going children but pays for those in higher institutions.
Aisha’s business is doing well because of the way she handles her customers and this has even won her more customers. She still has a dream of building her own house that can accommodate her restaurant. She needs a loan to help buy more foodstuffs for her restaurant.
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 Aisha Balwa's Group
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Loan has been disbursed
Location: Lugazi, Uganda
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Posted by
from Lugazi, Uganda
Sep 26, 2009 |
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Comment on this entry
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Repayment Schedule for Aisha Balwa's Group
Repayment Schedule for Aisha Balwa's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| November 2009 | $475.00 | $475.00 |  Repayment Received
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| December 2009 | $950.00 | $950.00 | Repayment Received
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| January 2010 | $950.00 | Available Jan 1 | |||
| February 2010 | $1,187.50 | Available Feb 1 | |||
| March 2010 | $237.50 | Available Mar 1 | |||
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