Donata Komugisha's Group


Status: Paying Back

$4,975.00   Loan Amount
0% repaid

About the Group

Group Name: Donata Komugisha's Group
Group Members: Donata Komugisha
Sebastian Kasirabo
John Beineho
John Kagwa
Rauben Tinkasiimire
Dauda Mukabi
Jadress Mamihinga
Puenoni Muhangi
Steven Babo
Jackson Mutensa
Habibo Birakwate
Asaph Matsiko
Enock Kimwai
Fausta Kyogabirwe
Alice Bananuka
Location: Bushenyi, Uganda
Activity: Personal Education Expenses

About the Loan

Loan Amount: $4,975.00
Loan Use: To pay school fees for her children
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 20, 2009
Date Disbursed: Oct 14, 2009
Date Funded:Oct 21, 2009

About the Country

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



Komugisha Donata is a friendly and hardworking lady who has had a clinic in Kashozi trading centre as her business for fifteen years. Before moving to the trading centre, she started working from the village and only moved because the market was not good. But she is happy where she is now.

Donata is 37 years old and married with three children aged between 14 and 6 years. She also takes care of four dependents.

Donata offers medical care and first aid to the local people and hence is an important factor in her local community. She is able to make 340,000/= as profits each month and this helps her in taking care of her family plus paying the children’s school fees.

Donata still has a dream of moving to the main town of Bushenyi to transact her business from there, since the population there is large. She has been successful so far because of her good customer language and friendliness, in addition to the loans that help increase her capital every time she uses them.

Donata needs a loan to help with the completion of her children’s school fees since she would like them to a obtain the best education up to university level.




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 Donata Komugisha's Group


Loan has been disbursed
 
Entrepreneur: Donata Komugisha's Group
Location: Bushenyi, Uganda

Thank you for your loan. It has been disbursed to Donata Komugisha's Group, consisting of Donata Komugisha, Sebastian Kasirabo, John Beineho, John Kagwa, Rauben Tinkasiimire, Dauda Mukabi, Jadress Mamihinga, Puenoni Muhangi, Steven Babo, Jackson Mutensa, Habibo Birakwate, Asaph Matsiko, Enock Kimwai, Fausta Kyogabirwe, Alice Bananuka by Pearl Microfinance Limited in Uganda. We are excited to watch this business grow. Over the 5 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 Bushenyi, Uganda
Oct 22, 2009
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Kiva Help Repayment Schedule for Donata Komugisha's Group

  Expected Repayments Actual Repayments Comments
January 2010 $829.17 Available Jan 1  
February 2010 $829.16 Available Feb 1  
March 2010 $829.17 Available Mar 1  
April 2010 $829.17 Available Apr 1  
May 2010 $829.16 Available May 1  
June 2010 $829.17 Available Jun 1