Florence Nassazi's Group
Status: Paying Back
| $2,250.00 | Loan Amount |
|---|
About the Group
| Group Name: | Florence Nassazi's Group |
|---|---|
| Group Members: |
Florence Nassazi Sarah Tumusiime Musa Nanvuba Pamela Birike Christine Namulondo Joseph Kibuuka Joseph Lukyamuzi (not pictured) Immaculate nakacwa Harriet Nagawa Ruth Kafuko Sarah Nakitto Gloria Nambusi Zibulah Nantongo Hadijah Zalwango (not pictured) |
| Location: | Mukono, Uganda |
| Activity: | Fish Selling |
About the Loan
| Loan Amount: | $2,250.00 |
|---|---|
| Loan Use: | To buy more fish for resale |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Nov 3, 2009 |
| Date Disbursed: | Oct 28, 2009 |
| Date Funded: | Nov 4, 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: | 10683 |
| Total Loans: | $2,885,625 |
| 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: | 1,880.0000 UGX = 1 USD |
Florence is a businesswoman involved in the sale of fish from Kiganda, and she is able to make a weekly profit of 50,000 UGX. This is a new business she started four months ago, and she is successful due to her cleanliness and friendly nature at work. Florence dreams of expanding her business and getting a much bigger place, as well as buying her own plot of land. She needs a loan to buy more dry fish for resale since this will bring in more income.
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 Florence Nassazi's Group
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Loan has been disbursed
Location: Mukono, Uganda
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Posted by
from Mukono, Uganda
Nov 5, 2009 |
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Comment on this entry
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Repayment Schedule for Florence Nassazi's Group
Repayment Schedule for Florence Nassazi's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $421.88 | Available Jan 1 | |||
| February 2010 | $703.12 | Available Feb 1 | |||
| March 2010 | $562.50 | Available Mar 1 | |||
| April 2010 | $562.50 | Available Apr 1 | |||
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