Janet Kidaga's Group
Status: Paying Back
| $5,000.00 | Loan Amount |
|---|
About the Group
| Group Name: | Janet Kidaga's Group |
|---|---|
| Group Members: |
Janet Kidaga Betty Namyalo Agnes Nalubwama Madina Nakibuuka Jola Nakimbugwe Night Nambose Scholastic Nagita Hasifa Namata Yudaya Nalubega Fredrick Suuna Mastula Namatovu Robert Kiyumba Ronald Kayondo Annet Namugera |
| Location: | Kampala, Uganda |
| Activity: | General Store |
About the Loan
| Loan Amount: | $5,000.00 |
|---|---|
| Loan Use: | Purchasing more goods for her shop so as to increase stock. |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 19, 2009 |
| Date Disbursed: | Oct 16, 2009 |
| Date Funded: | Oct 22, 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: | 1,890.0000 UGX = 1 USD |
Janet has a retail shop in Ndeeba that she has been running for 3 years. Because she knows how to handle her customers well, she is able to move on amidst all the stiff competition. She is grateful for her loans because they have made it possible for her to have enough stock for her shop, enabling her to make 100,000/= as profits a week. She vies to have a much bigger shop to enable her to continue developing.
Janet will use this loan it to purchase more goods for her shop so as to increase stock.
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 Janet Kidaga's Group
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Loan has been disbursed
Location: Kampala, Uganda
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Posted by
from Kampala, Uganda
Oct 23, 2009 |
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Comment on this entry
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Repayment Schedule for Janet Kidaga's Group
Repayment Schedule for Janet Kidaga's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $312.50 | $312.50 |  Repayment Received
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| January 2010 | $1,250.00 | Available Jan 1 | |||
| February 2010 | $1,562.50 | Available Feb 1 | |||
| March 2010 | $1,250.00 | Available Mar 1 | |||
| April 2010 | $625.00 | Available Apr 1 | |||
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