Salama Nassali's Group
Status: Paying Back
| $3,600.00 | Loan Amount |
|---|
0% repaid
About the Group
| Group Name: | Salama Nassali's Group |
|---|---|
| Group Members: |
Salama Nassali Mawulo Naluyima Margaret Nabukeera Ibrahim Nyombi David Juuko David Muyinda Jane Mugabi Mary Musoke Fildah Nakawunde Rosette Nassozi Robinah Nambassa Grace Namuswe Annet Kyomugasho |
| Location: | Lugazi, Uganda |
| Activity: | Tailoring |
About the Loan
| Loan Amount: | $3,600.00 |
|---|---|
| Loan Use: | To buy supplies of clothes for sewing and resale. |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Nov 4, 2009 |
| Date Disbursed: | Oct 26, 2009 |
| Date Funded: | Nov 7, 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 |
Nassali Salama is the leader of her lending group in Lugazi. She is 35 years old and married with 5 children aged 4 to 14 years. She also takes care of her other siblings. Salama has been a tailor ever since she started working in Kitega 13 years ago and she is able to make 150,000UGX profit a week. She says that she has been able to succeed because of the use of her loans and by giving good customer care that has helped her win more customers.
Nassali has a dream of becoming a wholesaler in the future. She wants to start a tailoring school and teach other people the same trade at a fee. Nassali also wants to educate her children to the University level. Her loans have helped her to buy a steady supply of clothes for her customers and she would like to have a loan to be able to buy more clothes for sewing and for resale.
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
Nassali has a dream of becoming a wholesaler in the future. She wants to start a tailoring school and teach other people the same trade at a fee. Nassali also wants to educate her children to the University level. Her loans have helped her to buy a steady supply of clothes for her customers and she would like to have a loan to be able to buy more clothes for sewing and for resale.
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 Salama Nassali's Group
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Loan has been disbursed
Location: Lugazi, Uganda
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Posted by
from Lugazi, Uganda
Nov 8, 2009 |
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Comment on this entry
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Repayment Schedule for Salama Nassali's Group
Repayment Schedule for Salama Nassali's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $900.00 | Available Jan 1 | |||
| February 2010 | $900.00 | Available Feb 1 | |||
| March 2010 | $900.00 | Available Mar 1 | |||
| April 2010 | $900.00 | Available Apr 1 | |||
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