Hannington Ssekitende's Group
Status: Paying Back
| $1,925.00 | Loan Amount |
|---|
0% repaid
About the Group
| Group Name: | Hannington Ssekitende's Group |
|---|---|
| Group Members: |
Hannington Ssekitende Faridah Namuganga Prossy Nalukenge Ramulah Namuli Christine Nassanga Sam Wandera Nubuyati Namugaya David Owori Grace Nansubuga Rosette Ndagire Betty Ojakolo Madinah Nabaweesi |
| Location: | Mukono, Uganda |
| Activity: | General Store |
About the Loan
| Loan Amount: | $1,925.00 |
|---|---|
| Loan Use: | To buy more hardware products and shoes for resale |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Nov 3, 2009 |
| Date Disbursed: | Oct 20, 2009 |
| Date Funded: | Nov 16, 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: | 1,880.0000 UGX = 1 USD |
Ssekitende Hannington is a 28-year-old determined hardworking and strong man who sells shoes and has a hardware shop. Hannington is the father of two children, ages 4 and 7 years old. His main business challenge is having limited capital but, otherwise, his business is doing well. He ensures that he has enough stock for his business. His dream is to build rentals as well as to educate his children to the university level. He needs a loan to help restock his hardware shop with more goods and to buy more shoes for resale.
Ssekitende Hannington is the leader of his group in Mukono.
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
Ssekitende Hannington is the leader of his group in Mukono.
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 Hannington Ssekitende's Group
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Loan to Hannington Ssekitende
Faridah Namuganga Prossy Nalukenge Ramulah Namuli Christine Nassanga Sam Wandera Nubuyati Namugaya David Owori Grace Nansubuga Rosette Ndagire Betty Ojakolo Madinah Nabaweesi i Location: Mukono, Uganda
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Posted by
from Mukono, Uganda
Nov 16, 2009 |
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Comment on this entry
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Repayment Schedule for Hannington Ssekitende's Group
Repayment Schedule for Hannington Ssekitende's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $481.25 | Available Jan 1 | |||
| February 2010 | $601.56 | Available Feb 1 | |||
| March 2010 | $481.25 | Available Mar 1 | |||
| April 2010 | $360.94 | Available Apr 1 | |||
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