Justus Rogonde's Group
Status: Paying Back
| $3,575.00 | Loan Amount |
|---|
0% repaid
About the Group
| Group Name: | Justus Rogonde's Group |
|---|---|
| Group Members: |
Justus Rogonde Kellen Turyahakayo Jeska Twongeriwe Nabooth Kabeko Enid Sabihi B Nahabwe Sonia Burongo Angela Kagada Loy Kakebwa |
| Location: | Rukungini, Uganda |
| Activity: | Agriculture |
About the Loan
| Loan Amount: | $3,575.00 |
|---|---|
| Loan Use: | To purchase bulls and fertilizers |
| Repayment Term: | 5 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Nov 4, 2009 |
| Date Disbursed: | Oct 25, 2009 |
| Date Funded: | Nov 8, 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 |
Rogonde Justus is 75 years old and is married with seven children. He is the leader of his group Rukungiri. Five of his children have university degrees and the other two are soldiers in the Ugandan army. Rogonde’s business specializes in grazing and crop husbandry and generates 250,000 USH in profits per week. He has worked very hard to achieve his success, starting out as a simple shopkeeper and responsibly saving any money he made. Rogonde would like to use the requested loan amount to buy bulls and fertilizers. His dream is to one day be able to purchase a modern farm. Additionally, he hopes to maintain a stable family life.
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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Top Lending Teams for this group
Atheists, Agnostics, Skeptics, Freethinkers, Secular Humanists and the Non-Religious
Common Interest
7012 Members
Journal entries for Justus Rogonde's Group
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Loan has been disbursed
Location: Rukungini, Uganda
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Posted by
from Rukungini, Uganda
Nov 9, 2009 |
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Comment on this entry
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Repayment Schedule for Justus Rogonde's Group
Repayment Schedule for Justus Rogonde's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $1,191.67 | Available Jan 1 | |||
| February 2010 | $1,191.66 | Available Feb 1 | |||
| March 2010 | $1,191.67 | Available Mar 1 | |||
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