Harriet Namukwaya Group


Status: Paying Back

$275.00   Loan Amount
25% repaid

About the Group

Group Name: Harriet Namukwaya Group
Group Members: Namukwaya Harriet
Justine Nakatudde
Mega Namubiru
zam Nansubuga
Irene Nantumbwe
Location: Kampala, Uganda
Activity: Poultry

About the Loan

Loan Amount: $275.00
Loan Use: To buy more sacks of chicken feeds
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 28, 2009
Date Disbursed: Sep 14, 2009
Date Funded:Sep 28, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,922.5000 UGX = 1 USD



Harriet is a 38 married with six children aged 6 and 17 years. Her children go to school .She takes care of additional family members. Harriet resides and owns a six roomed house where she is staying with four people. There is electricity and no piped water at home The family gets three meals a day. She resides and works in semi urban area which in the outskirts of Kampala in Lugala lungujja zone. Harriet works seven days a week. She buys her chicken feds from Owino market one of the busiest markets in kampala city and incurs extra transport costs to and from shopping. She doesn’t pay rent as she rears from her home She sells and to all categories of people Harriet has been in this business for nine years and with MCDT for one week, servicing her first loan, working with the same group mates. She wants to use this loan to buy more sacks of chicken feeds. Janet is aspiring of seeing her business grow bigger and start rearing 1000 chicken.










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 Harriet Namukwaya Group


Loan has been disbursed
 
Entrepreneur: Harriet Namukwaya Group
Location: Kampala, Uganda

Thank you for your loan. It has been disbursed to Harriet Namukwaya Group, consisting of Namukwaya Harriet , Justine Nakatudde, Mega Namubiru, zam Nansubuga , Irene Nantumbwe by Micro Credit for Development and Transformation SACCO (MCDT SACCO) in Uganda. We are excited to watch this business grow. Over the 5 months of this loan, Micro Credit for Development and Transformation SACCO (MCDT SACCO) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kampala, Uganda
Sep 29, 2009
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Kiva Help Repayment Schedule for Harriet Namukwaya Group

  Expected Repayments Actual Repayments Comments
November 2009 $22.92 $22.92 Repayment Received
December 2009 $45.83 $45.83 Repayment Received
January 2010 $57.29 Available Jan 1  
February 2010 $45.83 Available Feb 1  
March 2010 $45.84 Available Mar 1  
April 2010 $45.83 Available Apr 1  
May 2010 $11.46 Available May 1