Sarah Namuleme's Group
Status: Paying Back
| $1,300.00 | Loan Amount |
|---|
0% repaid
About the Group
| Group Name: | Sarah Namuleme's Group |
|---|---|
| Group Members: |
Sarah Namuleme William Kaggwa Dennis Lutaaya Liiza Kwagala Ronald Kalanzi (not pictured) Hannington Ssebandeke Assina Kwegata Victo Namutebi Prossy nanfuka Robinah Nanyonga Grace Nakalinda Cate Mubulazi |
| Location: | Mukono, Uganda |
| Activity: | General Store |
About the Loan
| Loan Amount: | $1,300.00 |
|---|---|
| Loan Use: | To restock her retail shop with more goods |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Nov 3, 2009 |
| Date Disbursed: | Oct 16, 2009 |
| Date Funded: | Nov 15, 2009 |
About the Field Partner
About the Field Partner
|
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| Field Partner: | Pearl Microfinance Limited |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 26 months |
| Kiva Entrepreneurs: | 10718 |
| Total Loans: | $2,893,675 |
| 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 |
Namuleme Sarah is the leader of her lending group in Mukono. She is a friendly and hardworking lady who is married with four children, the eldest aged 15 years. She also takes care of one sibling.
Sarah has a retail shop in Salama that she has been running for some time now. She is happy that, through using loans, she is able to make considerable profits through the increased stock. She has been successful because she is able to treat her customers well.
In future, Sarah wishes for the shop to expand more so that paying her children’s school fees is no trouble. She needs a loan to be able to boost her business so that she can make more profits from it.
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
Sarah has a retail shop in Salama that she has been running for some time now. She is happy that, through using loans, she is able to make considerable profits through the increased stock. She has been successful because she is able to treat her customers well.
In future, Sarah wishes for the shop to expand more so that paying her children’s school fees is no trouble. She needs a loan to be able to boost her business so that she can make more profits from it.
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 Sarah Namuleme's Group
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Loan to Sarah Namuleme
William Kaggwa Dennis Lutaaya Liiza Kwagala Ronald Kalanzi Hannington Ssebandeke Assina Kwegata Victo Namutebi Prossy nanfuka Robinah Nanyonga Grace Nakalinda Cate Mubulazi in Uganda Location: Mukono, Uganda
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Posted by
from Mukono, Uganda
Nov 15, 2009 |
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Comment on this entry
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Repayment Schedule for Sarah Namuleme's Group
Repayment Schedule for Sarah Namuleme's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $406.25 | Available Jan 1 | |||
| February 2010 | $406.25 | Available Feb 1 | |||
| March 2010 | $325.00 | Available Mar 1 | |||
| April 2010 | $162.50 | Available Apr 1 | |||
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