Nulu Sseremba's Group
Status: Paying Back
| $4,100.00 | Loan Amount |
|---|
0% repaid
About the Group
| Group Name: | Nulu Sseremba's Group |
|---|---|
| Group Members: |
Nulu Sseremba Asinta Bweyale Lukia Namusisi David Gidudu Gertrude Ssali Hamudani Wasswa Ronald Mubiru Swaibu Dhalemwa Mukiibi Nalongo Siisa Nalongo (not pictured) Asha Mutale (not pictured) |
| Location: | Lugazi, Uganda |
| Activity: | Poultry |
About the Loan
| Loan Amount: | $4,100.00 |
|---|---|
| Loan Use: | To buy more poultry feed and chicks for farm expansion. |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Nov 4, 2009 |
| Date Disbursed: | Oct 16, 2009 |
| Date Funded: | Nov 6, 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 |
Nulu Sserembais is a 50-year-old married mother of seven children, aged 32 – 15 years, and also takes care of two orphans. A very hardworking and friendly lady, she has been a poultry farmer in Buloba for 24 years, making sufficient profits to help support her family and pay school fees for her children. Nulu's trustworthiness has won her many customers who buy both broilers and eggs. She would like to expand her farm to enable her to continue paying the school fees for her children and is therefore requesting a loan to buy more feed and chicks for her business.
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
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 Nulu Sseremba's Group
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Loan has been disbursed
Location: Lugazi, Uganda
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Posted by
from Lugazi, Uganda
Nov 7, 2009 |
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Comment on this entry
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Repayment Schedule for Nulu Sseremba's Group
Repayment Schedule for Nulu Sseremba's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $1,281.25 | Available Jan 1 | |||
| February 2010 | $1,025.00 | Available Feb 1 | |||
| March 2010 | $1,281.25 | Available Mar 1 | |||
| April 2010 | $512.50 | Available Apr 1 | |||
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