Jamila Nalwanga's Group
Status: Paying Back
| $3,425.00 | Loan Amount |
|---|
18% repaid
About the Group
| Group Name: | Jamila Nalwanga's Group |
|---|---|
| Group Members: |
Jamila Nalwanga Butwetonza nalongo Rehema Kabuye Sarah Nandawula Zainah Nalwanga Richard Sekabira Joyce Kisawuzi Godfrey Senfuka (not pictured) Resty Nansubuga Joyce Nabacwa |
| Location: | Lugazi, Uganda |
| Activity: | General Store |
About the Loan
| Loan Amount: | $3,425.00 |
|---|---|
| Loan Use: | Buying more plastic cups, plates and sauce pans for resale. |
| Repayment Term: | 5 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 12, 2009 |
| Date Disbursed: | Oct 2, 2009 |
| Date Funded: | Oct 25, 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: | 10718 |
| Total Loans: | $2,893,675 |
| 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: | 1,907.0000 UGX = 1 USD |
(Jamila in the small photo; is also a part of the group although not in the group photo)
Nalwanga Jamila is a hard working and devoted lady with a business of selling nice plastics and sauce pans. She started 10 years ago selling plates, cups and saucepans and although there is a lot of competition, she is able to make 100,000/= a week from Buikwe trading centre. She is moving her path to success because of the loans, good customer care plus having quality products in her stock. Jamila has a dream of becoming a whole sale supplier plus educating all her children to the University level. She is married with 7 children aged 20 – 4 years and all in school as she takes care of her siblings. Jamila needs a loan to be able to add more capital into her business since most of the money she makes goes into school fees payments and food for home consumption.
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
Nalwanga Jamila is a hard working and devoted lady with a business of selling nice plastics and sauce pans. She started 10 years ago selling plates, cups and saucepans and although there is a lot of competition, she is able to make 100,000/= a week from Buikwe trading centre. She is moving her path to success because of the loans, good customer care plus having quality products in her stock. Jamila has a dream of becoming a whole sale supplier plus educating all her children to the University level. She is married with 7 children aged 20 – 4 years and all in school as she takes care of her siblings. Jamila needs a loan to be able to add more capital into her business since most of the money she makes goes into school fees payments and food for home consumption.
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 Jamila Nalwanga's Group
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Loan has been disbursed
Location: Lugazi, Uganda
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Posted by
from Lugazi, Uganda
Oct 26, 2009 |
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Comment on this entry
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Repayment Schedule for Jamila Nalwanga's Group
Repayment Schedule for Jamila Nalwanga's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $642.19 | $642.19 |  Repayment Received
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| January 2010 | $856.25 | Available Jan 1 | |||
| February 2010 | $1,070.31 | Available Feb 1 | |||
| March 2010 | $856.25 | Available Mar 1 | |||
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