Vangi Kebirungi's Group
Status: Paying Back
| $4,950.00 | Loan Amount |
|---|
20% repaid
About the Group
| Group Name: | Vangi Kebirungi's Group |
|---|---|
| Group Members: |
Vangi Kebirungi Spedita Tumwesigye Regina Katushabe Sylivia Nuwamanya Jeresome Mpamya Innocent Tumusiime Jonathan Kentembwe Monica Kyomugisha Angelicah Bangirana Dorah Kansiime Harriet Natukunda Fred Rwamabati Irene Kebirungi Bonny Kyohirwe Emmanuel Wamala Beneth Natukunda Annet Natukunda Deogratius Kamugisha |
| Location: | Ibanda, Uganda |
| Activity: | General Store |
About the Loan
| Loan Amount: | $4,950.00 |
|---|---|
| Loan Use: | Restock her retail shop to avoid shortages. |
| Repayment Term: | 7 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 16, 2009 |
| Date Disbursed: | Sep 29, 2009 |
| Date Funded: | Oct 26, 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: | 1,895.0000 UGX = 1 USD |
Kebirungi Vangi is the leader of her lending group in Ibanda. She is a 42-year-old friendly and cooperative lady with a retail shop business in Ndoragi that she has been running for twenty years. She is happy about her loans because she has been able to increase the business at her shop and now has a variety of products to sell. Vangi is able to make about $85 in profits a week, and this helps to take care of her family. She is married and has five children who are all in school. She wants to see all of them attain the best education available from the best Universities around. Vangi needs a loan to help restock her shop, because this helps her avoid shortages.
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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Top Lending Teams for this group
Atheists, Agnostics, Skeptics, Freethinkers, Secular Humanists and the Non-Religious
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7042 Members
Journal entries for Vangi Kebirungi's Group
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Loan has been disbursed
Location: Ibanda, Uganda
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Posted by
from Ibanda, Uganda
Oct 27, 2009 |
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Comments (1)
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Repayment Schedule for Vangi Kebirungi's Group
Repayment Schedule for Vangi Kebirungi's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $990.00 | $990.00 |  Repayment Received
|
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| January 2010 | $990.00 | Available Jan 1 | |||
| February 2010 | $990.00 | Available Feb 1 | |||
| March 2010 | $990.00 | Available Mar 1 | |||
| April 2010 | $990.00 | Available Apr 1 | |||
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