Jennifer Ajomo's Group
Status: Paying Back
| $3,725.00 | Loan Amount |
|---|
About the Group
| Group Name: | Jennifer Ajomo's Group |
|---|---|
| Group Members: |
Jennifer Ajomo Massy Bunyo Hussein Kagwa Prossy Naluyange Mukasa Galabuzi Douglas Mugabi Hadijah Lutaaya Doreen Kakande Robinah Nantambi Sarah Nabankema Hope Tumusiime Annet Nakirya Janet Nabisubi (not pictured) |
| Location: | Mukono, Uganda |
| Activity: | Poultry |
About the Loan
| Loan Amount: | $3,725.00 |
|---|---|
| Loan Use: | To buy more feed for her poultry |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 23, 2009 |
| Date Disbursed: | Sep 22, 2009 |
| Date Funded: | Sep 24, 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: | 1,920.0000 UGX = 1 USD |
Jennifer is a business woman involved in the sale of agricultural products. She also raises animals and poultry. Her main challenge is her lack of sufficient feed for her poultry, which results in their poor growth.
Jennifer is requesting a loan to help buy more feed for her poultry. With a loan she will be able to raise quality chickens and agricultural products, resulting in increased sales. Jennifer dreams of sending all of her children through school so that they can become self-reliant.
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 Jennifer Ajomo's Group
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Loan has been disbursed
Location: Mukono, Uganda
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Posted by
from Mukono, Uganda
Sep 25, 2009 |
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Comments (1)
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Repayment Schedule for Jennifer Ajomo's Group
Repayment Schedule for Jennifer Ajomo's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $931.25 | $931.25 |  Repayment Received
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| January 2010 | $931.25 | Available Jan 1 | |||
| February 2010 | $1,164.06 | Available Feb 1 | |||
| March 2010 | $698.44 | Available Mar 1 | |||
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