Mable Muheki's Group
Status: Paying Back
| $4,875.00 | Loan Amount |
|---|
0% repaid
About the Group
| Group Name: | Mable Muheki's Group |
|---|---|
| Group Members: |
Mable Muheki Jacklyn Tusime Christine Kilembo Jane Rutano Banabon Karaberenibe Silver Tibingama Joseph Kiguudo Francis Katumba John Owesigire Charles Tindiwegi Brian Behangama Haroun Kaama Anthony Munyaneza Dinah Mugawra John Muesigwa Monic Karuro Frank Mayinja Christine Kyampiare Herbert Kadugo Davius Nankunda Charles Kaconco Bob Nuwahereza David Kabbona |
| Location: | Ntungamo, Uganda |
| Activity: | Used Clothing |
About the Loan
| Loan Amount: | $4,875.00 |
|---|---|
| Loan Use: | To purchase more inventory |
| Repayment Term: | 5 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Nov 4, 2009 |
| Date Disbursed: | Oct 7, 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: | 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 |
Mable Muheki has been running a secondhand clothing sales business for six years and generally generates 30,000 Ugandan shillings per week in profits. She is married with four children, all enrolled in school, and she is the leader of her group in Ntungamo.
Currently Mable travels to several markets a week to sell her inventory. She believes that, with the continued success of her business, one day she will be able to set up a proper store and will no longer have to travel so much. She dreams of one day being able to help in the fight against HIV/AIDS that so devastates her country of Uganda.
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 Mable Muheki's Group
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Loan to Mable Muheki
Jacklyn Tusime Christine Kilembo Jane Rutano Banabon Karaberenibe Silver Tibingama Joseph Kiguudo Francis Katumba John Owesigire Charles Tindiwegi Brian Behangama Haroun Kaama Antho Location: Ntungamo, Uganda
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Posted by
from Ntungamo, Uganda
Nov 16, 2009 |
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Comment on this entry
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Repayment Schedule for Mable Muheki's Group
Repayment Schedule for Mable Muheki's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $2,132.81 | Available Jan 1 | |||
| February 2010 | $1,218.75 | Available Feb 1 | |||
| March 2010 | $1,523.44 | Available Mar 1 | |||
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