Jane Kyakuwa's Group
Status: Paying Back
| $3,250.00 | Loan Amount |
|---|
0% repaid
About the Group
| Group Name: | Jane Kyakuwa's Group |
|---|---|
| Group Members: |
Jane Kyakuwa Robinah Nganda Hasifah Namutebi Florence Baagalaliwo Edith Najemba Silvester Ssemwogerere Enock Kitandwa Fred Nsubuga Silvester Kabonge Robert Kalya Betty Nakinja Ndawula Kisekka Stanley Mayinja (not pictured) Robinah Nalwoga (not pictured) |
| Location: | Mukono, Uganda |
| Activity: | Farming |
About the Loan
| Loan Amount: | $3,250.00 |
|---|---|
| Loan Use: | To buy seeds and labor for her farm and raw materials for making her local brew. |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Nov 5, 2009 |
| Date Disbursed: | Oct 23, 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: | 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: | 1,875.0000 UGX = 1 USD |
Jane Kyakuwa is the leader of her group in Mukono. She is a hard-working and devoted lady who grows matooke, cassava, sweet potatoes and so on. She also makes local brew for sale as a wholesaler and at a retail price for her customers at her bar. She is happy that the loans help her buy quality seeds, employ manpower, and buy bananas and yeast to make her brew. She is a married woman with 10 children, five of whom are still in school. The rest work at various businesses. She needs a loan to help pay for her children’s school, to pay for farm work and to buy bananas and yeast needed to make her local brew.
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 Jane Kyakuwa's Group
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Loan has been disbursed
Location: Mukono, Uganda
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Posted by
from Mukono, Uganda
Nov 7, 2009 |
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Comments (1)
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Repayment Schedule for Jane Kyakuwa's Group
Repayment Schedule for Jane Kyakuwa's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $812.50 | Available Jan 1 | |||
| February 2010 | $812.50 | Available Feb 1 | |||
| March 2010 | $1,015.63 | Available Mar 1 | |||
| April 2010 | $609.37 | Available Apr 1 | |||
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