Zakiya Nakayima's Group


Status: Paying Back

$1,600.00   Loan Amount
25% repaid

About the Group

Group Name: Zakiya Nakayima's Group
Group Members: Zakiya Nakayima
Hajara Nakatode
Kakoti Nabirye
Hussein Hamba
James Zilonda
Yazidi Bambala
Yidi Maligha
Edisa Namusisi
Bumali Sselu
Med Mukasa
Yelumiya Maliro (not pictured)
Nusula Nabirye
Location: Lugazi, Uganda
Activity: Fish Selling

About the Loan

Loan Amount: $1,600.00
Loan Use: To buy more fish to sell
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 8, 2009
Date Disbursed: Sep 24, 2009
Date Funded:Oct 14, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,904.0000 UGX = 1 USD



Nakayima Zakiya is the leader of her lending group in Lugazi. She is 24 years old and the single mother of two children aged 3 years and one and a half years and both of them are not yet in school.

Zakiya is a business lady involved in the sale of fish, mostly dried fish, in Tongolo. Since we are in a rainy season, it takes a lot of time for her to dry her fish and hence most of them rot. In a good season, she is able to make 100,000/= as profits and this is attributed to her good customer care.

She has the aim of expanding her business to ensure that she can earn more money and be able to educate her children to the highest level. Zakiya needs a loan to help buy more fish for resale. She is such a hardworking and determined lady with a strong drive to succeed.




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 Zakiya Nakayima's Group


Loan has been disbursed
 
Entrepreneur: Zakiya Nakayima's Group
Location: Lugazi, Uganda

Thank you for your loan. It has been disbursed to Zakiya Nakayima's Group, consisting of Zakiya Nakayima, Hajara Nakatode, Kakoti Nabirye, Hussein Hamba, James Zilonda, Yazidi Bambala, Yidi Maligha, Edisa Namusisi, Bumali Sselu, Med Mukasa, Yelumiya Maliro, Nusula Nabirye 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 Lugazi, Uganda
Oct 15, 2009
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Kiva Help Repayment Schedule for Zakiya Nakayima's Group

  Expected Repayments Actual Repayments Comments
December 2009 $400.00 $400.00 Repayment Received
January 2010 $400.00 Available Jan 1  
February 2010 $500.00 Available Feb 1  
March 2010 $300.00 Available Mar 1