Florence Buwule's Group
Status: Paying Back
| $4,075.00 | Loan Amount |
|---|
37% repaid
About the Group
| Group Name: | Florence Buwule's Group |
|---|---|
| Group Members: |
Florence Buwule Lillian Katurama Rose Acan Henry Labedo James Muduwa Peter Elin Vincent Ndyabagira Agnes Leera Aidah Okiya Beatrice Aserekye Betty Nanyonga Hilda Tinyayikayo Filida Olama (not pictured) |
| Location: | Lugazi, Uganda |
| Activity: | Medical Clinic |
About the Loan
| Loan Amount: | $4,075.00 |
|---|---|
| Loan Use: | Buying more drugs for business expansion. |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 21, 2009 |
| Date Disbursed: | Sep 11, 2009 |
| Date Funded: | Sep 21, 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: | 10752 |
| Total Loans: | $2,902,500 |
| 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 |
Buwule Florence is the leader of her lending group in Lugazi. She is a business lady with a drug shop that she has been running for a long time. She is a single mother of 5 children with 1 at the university while the others are in secondary and primary schools. Before the drug shop, Florence was a salary earner until she used her little savings plus the help of a loan to start up her own business. At the moment out of her 7 year old business, she makes 80,000/= as profits and this helps her in looking after her children plus paying their school fees. Florence has a dream of becoming a whole sale supplier of drugs in her locality and also build rental houses for her children. Her secret to success is having quality drugs that are not expired and she would need a loan to help add capital in business so that she can work on her customers on time.
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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Top Lending Teams for this group
Atheists, Agnostics, Skeptics, Freethinkers, Secular Humanists and the Non-Religious
Common Interest
7031 Members
Journal entries for Florence Buwule's Group
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Loan has been disbursed
Location: Lugazi, Uganda
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Posted by
from Lugazi, Uganda
Sep 22, 2009 |
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Comment on this entry
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Repayment Schedule for Florence Buwule's Group
Repayment Schedule for Florence Buwule's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| November 2009 | $509.38 | $509.38 |  Repayment Received
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| December 2009 | $1,018.75 | $1,018.75 | Repayment Received
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| January 2010 | $1,018.75 | Available Jan 1 | |||
| February 2010 | $1,273.43 | Available Feb 1 | |||
| March 2010 | $254.69 | Available Mar 1 | |||
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