Haurat Khalifan's Group


Status: Paying Back

$1,875.00   Loan Amount
12% repaid

About the Group

Group Name: Haurat Khalifan's Group
Group Members: Haurat Khalifan
Kassim Kintu
Madina Naluwoza
Betty Nandawula
Muhammed Muwanga
Fatuma Nakato
Hadija Namuswe
Jane Namusisi
Hadija Nalukwago
Deisy Nalule
Margaret Awori
Grace Namazzi (not pictured)
Location: Lugazi, Uganda
Activity: Entertainment

About the Loan

Loan Amount: $1,875.00
Loan Use: Buying a mixer for an improved video output and disco
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 19, 2009
Date Disbursed: Oct 7, 2009
Date Funded:Oct 19, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,890.0000 UGX = 1 USD



Haurat is a 27-year-old mother of four children between the ages of 1 and 7 years old. She also cares for other dependents and siblings, and most of them are in primary and kindergarten schools. She has had a video library/hall and a canteen in Buziika for four years, where she sells electric stock and appliances. She is able to make 50,000/= as profits a week, and, although this is still small, she hopes for it to increase. She is usually happier when it is the league/football season because this brings in more revenue.

Haurat has a dream of turning her video hall into a cinema hall, as well as educating all her children to the highest level. At the moment, Haurat needs a loan to help buy a mixer for improved video output and disco. She is such a hard working, friendly 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 Haurat Khalifan's Group


Loan has been disbursed
 
Entrepreneur: Haurat Khalifan's Group
Location: Lugazi, Uganda

Thank you for your loan. It has been disbursed to Haurat Khalifan's Group, consisting of Haurat Khalifan, Kassim Kintu, Madina Naluwoza, Betty Nandawula, Muhammed Muwanga, Fatuma Nakato, Hadija Namuswe, Jane Namusisi, Hadija Nalukwago, Deisy Nalule, Margaret Awori, Grace Namazzi 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 20, 2009
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Kiva Help Repayment Schedule for Haurat Khalifan's Group

  Expected Repayments Actual Repayments Comments
December 2009 $234.38 $234.38 Repayment Received
January 2010 $468.75 Available Jan 1  
February 2010 $585.93 Available Feb 1  
March 2010 $468.75 Available Mar 1  
April 2010 $117.19 Available Apr 1