Rose Nambalirwa's Group
Status: Paying Back
| $2,900.00 | Loan Amount |
|---|
26% repaid
About the Group
| Group Name: | Rose Nambalirwa's Group |
|---|---|
| Group Members: |
Rose Nambalirwa Hamida Nabadda Magadu Ntambi Mariam Sekandi Mary Nansove Rose Okumu William Kato Jane Kivumbi Joyce Ndibalekera Abegail Sekandi |
| Location: | Lugazi, Uganda |
| Activity: | Farm Supplies |
About the Loan
| Loan Amount: | $2,900.00 |
|---|---|
| Loan Use: | Buying more farm produce for her business. |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 8, 2009 |
| Date Disbursed: | Sep 21, 2009 |
| Date Funded: | Oct 12, 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: | 10752 |
| Total Loans: | $2,902,500 |
| 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: | 1,904.0000 UGX = 1 USD |
Nambalirwa Rose is 25 years old and married with 4 children aged 12 – 3 years as she takes care of her siblings. She is a friendly and determined lady with a business of selling agricultural produce from Namataba trading centre for 3 years. This is her first business ever and she hopes for it to grow more in future by becoming a whole sale supplier. In a week, Rose is able to make 50,000/= as profits and these help to reinvest in her business as well as educating her children. She needs a loan to help add more capital in her business for the steady supply of products to her customers.
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
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 Rose Nambalirwa's Group
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Loan has been disbursed
Location: Lugazi, Uganda
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Posted by
from Lugazi, Uganda
Oct 13, 2009 |
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Comments (1)
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Repayment Schedule for Rose Nambalirwa's Group
Repayment Schedule for Rose Nambalirwa's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $773.33 | $773.33 |  Repayment Received
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| January 2010 | $773.34 | Available Jan 1 | |||
| February 2010 | $966.66 | Available Feb 1 | |||
| March 2010 | $386.67 | Available Mar 1 | |||
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