Betty Musaazi's Group
Status: Paying Back
| $4,750.00 | Loan Amount |
|---|
25% repaid
About the Group
| Group Name: | Betty Musaazi's Group |
|---|---|
| Group Members: |
Betty Musaazi Lillian Kamya Margaret Bisaso Annet Najjemba Dorothy Nsamba Justine Egesu Peace Zziwa Aidah Kato Mary Nsereko Eseinth Kasasa Lydia Kamya Robinah Nabuwuma Faridah Nansubuga |
| Location: | Kampala, Uganda |
| Activity: | Poultry |
About the Loan
| Loan Amount: | $4,750.00 |
|---|---|
| Loan Use: | To buy more feed and to order more day-old chicks |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 5, 2009 |
| Date Disbursed: | Sep 25, 2009 |
| Date Funded: | Oct 7, 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: | 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: | 1,925.0000 UGX = 1 USD |
Musaazi Betty is the leader of her lending group in Zana. She is a married lady with seven children aged between 28 and 16 years and she also helps to take care of other orphans.
Betty is a businesswoman who has had a poultry farm business for seven years. She is able to make 300,000/= as profits a month and this helps her in saving and educating her children to the higher levels. Her biggest challenge in her business is being seasonal. There are sometimes few sales and hence, less profits.
Betty is a hardworking and self-driven lady and she needs a loan to help buy more feed for her poultry farm as well as to order more day-old chicks for farm expansion.
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
Betty is a businesswoman who has had a poultry farm business for seven years. She is able to make 300,000/= as profits a month and this helps her in saving and educating her children to the higher levels. Her biggest challenge in her business is being seasonal. There are sometimes few sales and hence, less profits.
Betty is a hardworking and self-driven lady and she needs a loan to help buy more feed for her poultry farm as well as to order more day-old chicks for farm expansion.
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 Betty Musaazi's Group
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Loan has been disbursed
Location: Kampala, Uganda
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Posted by
from Kampala, Uganda
Oct 8, 2009 |
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Comment on this entry
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Repayment Schedule for Betty Musaazi's Group
Repayment Schedule for Betty Musaazi's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $1,187.50 | $1,187.50 |  Repayment Received
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| January 2010 | $1,187.50 | Available Jan 1 | |||
| February 2010 | $1,187.50 | Available Feb 1 | |||
| March 2010 | $1,187.50 | Available Mar 1 | |||
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