Hadijah Nankinga's Group


Status: Paying Back

$1,000.00   Loan Amount
25% repaid

About the Group

Group Name: Hadijah Nankinga's Group
Group Members: Hadijah Nankinga
Oliver nantume
John Mukasa
Shadit Nassanga
Harriet Namayanja
Location: Kampala, Uganda
Activity: Food Market

About the Loan

Loan Amount: $1,000.00
Loan Use: To buying more agricultural produce to sell
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 2, 2009
Date Disbursed: Sep 23, 2009
Date Funded:Oct 2, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,922.0000 UGX = 1 USD



Nankinga Hadijah is a 45-year-old female and is married with six children aged between 24 and 11 years, all still in school. She also takes care of other orphans.

Hadijah is a strong and hardworking lady who has sold agricultural products in Owino market for nineteen years. She is able to make only 100,000/= (approx. $50) in bi-monthly profits and this is due to having to pay high taxes for operating from the City Centre market as well as the high transport costs to bring the produce to the market. She works so hard to ensure that she satisfies her family needs and to ensure that her children reach university level.

Hadijah needs a loan to help expand her business by having more agricultural produce for resale so that she is able to attract more customers for increased sales.




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 Hadijah Nankinga's Group


Loan has been disbursed
 
Entrepreneur: Hadijah Nankinga's Group
Location: Kampala, Uganda

Thank you for your loan. It has been disbursed to Hadijah Nankinga's Group, consisting of Hadijah Nankinga, Oliver nantume, John Mukasa, Shadit Nassanga, Harriet Namayanja by Pearl Microfinance Limited in Uganda. We are excited to watch this business grow. Over the 3 months of this loan, Pearl Microfinance Limited will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kampala, Uganda
Oct 3, 2009
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Kiva Help Repayment Schedule for Hadijah Nankinga's Group

  Expected Repayments Actual Repayments Comments
December 2009 $250.00 $250.00 Repayment Received
January 2010 $250.00 Available Jan 1  
February 2010 $312.50 Available Feb 1  
March 2010 $187.50 Available Mar 1