Wilson Kasule
Status: Ended with Loss - Defaulted
| $1,200.00 | Loan Request | |
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| $700.00 | Paid Back |
About the Entrepreneur
| Name: | Wilson Kasule |
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| Location: | Lugazi-mukono, Uganda |
| Activity: | Taxi |
About the Loan
| Loan Amount: | $1,200.00 |
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| Loan Use: | To buy a taxicab |
| Repayment Term: | 15 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Nov 17, 2007 |
| Date Disbursed: | Dec 2, 2007 |
| Date Funded: | Nov 18, 2007 |
About the Field Partner
About the Field Partner
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| Field Partner: | Share an Opportunity Microfinance Ltd. (SAO MFI) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Closed |
| Time On Kiva: | 32 months |
| Kiva Entrepreneurs: | 62 |
| Total Loans: | $60,125 |
| Delinquency Rate: | N/A - No Paying Back Loans |
| Default Rate: | 5.07% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Uganda |
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| Avg Annual Income: | $1,700.00 |
| Currency: | Uganda Shillings (UGX) |
| Exchange Rate: | 1,705.5000 UGX = 1 USD |
Wilson is a professional and efficient taxicab driver. He has been in business for the last four years. He drives his taxicab in Lugazi Town, off the Kampala –Jinja Road. At the moment, he is employed by the car owner. He is supposed to pay the day’s collection to the owner of the car. The car owner decides how much Wilson can have for the day. This makes life very difficult for Wilson in that he earns very little.
Wilson says a number of tourists come to visit the natural forest called Mabira and the waterfalls of the Nile River. This creates high demand for taxicab transport for tourists and local businessmen.
Wilson is asking for $1200 to purchase his own taxicab. SAO MFI will make up the difference in the cost of the car. This loan would give him a secure job, and the family would be happy together without money worries.
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Journal entries for Wilson Kasule
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Loan has been disbursed
Location: Lugazi-mukono, Uganda
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Posted by
from Lugazi-mukono, Uganda
Dec 2, 2007 |
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Comment on this entry
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Default
Location: Lugazi-mukono, Uganda
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Posted by
Benjamin Elberger, Kiva Staff, from San Francisco, United States
Feb 9, 2009 |
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Comment on this entry
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Repayment Schedule for Wilson Kasule
Repayment Schedule for Wilson Kasule
| Expected Repayments | Actual Repayments | Comments | |||
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| March 2008 | $100.00 | $100.00 |  Repayment Received
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| April 2008 | $100.00 | $100.00 | Repayment Received
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| May 2008 | $100.00 | $100.00 | Repayment Received
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| June 2008 | $100.00 | $100.00 | Repayment Received
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| July 2008 | $100.00 | $0.00 | Repayment Received
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| August 2008 | $100.00 | $0.00 | Repayment Received
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| September 2008 | $100.00 | $300.00 | Repayment Received
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| October 2008 | $100.00 | $0.00 |  Delinquent
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| November 2008 | $100.00 | $0.00 | Delinquent
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| December 2008 | $100.00 | $0.00 | Delinquent
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| January 2009 | $100.00 | $0.00 | Delinquent
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| February 2009 | $100.00 | $0.00 | Delinquent
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