Zimula Josephine's Group

Status: Paid Back

$2,350.00		Loan Request
$2,350.00		Paid Back

About the Group

Group Name:	Zimula Josephine's Group
Group Members:	Nathan Nyuka Abdul Mukasa Godfrey Ganazi Sarah Nabisalu Fred Manina Josephine Zimula
Location:	Mbiko, Uganda
Activity:	General Store

About the Loan

Loan Amount:	$2,350.00
Loan Use:	To buy sugar, soap, washing powder, bread, biscuits, plus other goods for her shop.
Repayment Term:	6 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Apr 4, 2008
Date Disbursed:	Apr 20, 2008
Date Funded:	Apr 6, 2008
Loan Ended:	Aug 20, 2008

About the Field Partner

Field Partner:

Pearl Microfinance Limited

Field Partner Risk Rating:

(Learn more)

Active

26 months

10683

$2,885,625

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Uganda
Avg Annual Income:	$1,700.00
Currency:	Uganda Shillings (UGX)
Exchange Rate:	1,708.0000 UGX = 1 USD

Josephine, the leader of her group has a retail shop in Mbiko that has been operational for one year. The group has been together for 1 year and so far no regrets. She is single with no children but cares for her 5 year old neice in primary one. She plans to expand her shop by buying more sugar, soap, washing powder, bread so that she can be able to buy a plot and build a house. Her dream is to get married and see her shop transform into a wholesale shop.

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

Lenders to this group

Good Dogg
Front Porch, www.kivafriends.org
United States

Geoff

Christmas Island

Jeanie b.
san francisco, CA
United States

Neela

Kyle
Casselberry, FL
United States

Boris
Brooklyn, NY
United States

nancy & mike
apache junction, AZ
United States

Anonymous
Berkeley, CA
United States

Matt
Socorro, NM
United States

Daniel
Santa Barbara, CA
United States

Amanda
Sydney, New South Wales
Australia

Howard & Jillian
Vence,
France

Carol
Newtown, CT
United States

howard and maureen
pinole, CA
United States

Michael
High Point, NC
United States

Anonymous
Westborough, MA
United States

Paul
Sth Queensferry,
United Kingdom

Sam Snyder
Lawrence, KS
United States

Tim
Steinmaur,
Switzerland

Greta Galeazzi
GALEAZZI GRETA, EUROPEAN CITIZEN
Italy

Jeffrey
Jackson Heights, NY
United States

Andree
MONTREAL, QUEBEC
Canada

Brian and Joyce
Danbury, CT
United States

Laurent D
Brussels,
Belgium

Rita
Baldwin, NY
United States

Casper
Slagelse,
Denmark

Project Shalom
Wellington, FL
United States

Rich
Toronto, ON
Canada

Erin
Iowa City, IA
United States

Kevin
San Diego, CA
United States

Jim

Anonymous
Atlanta, Georgia
United States

The Williams
Edmonton, Alberta
Canada

Lowe
Stockholm,
Sweden

Esben
Göteborg,
Sweden

Philippe
Midlevels, Hong Kong
Hong Kong

Michael
Hopewell Junction, NY
United States

Himavat
New Delhi,
India

Madeleine
Brookline, MA
United States

Spencer Chris Sammie

Kim
mentor, OH
United States

Alex
Seattle, WA
United States

Gezinus
Den Haag,
Netherlands

David

Chi-Liang
Kaohsiung,
Taiwan

Brandon
Spokane, WA
United States

Barry
St. Catharines, Ontario
Canada

Charles
Tulsa, OK
United States

Elizabeth
Zimmerman, MN
United States

Laure
Saint-Julien-en-Genevois,

Journal entries for Zimula Josephine's Group

Loan has been disbursed Entrepreneur: Zimula Josephine's Group Location: Mbiko, Uganda Thank you for your loan. It has been disbursed to the Zimula Josephine's group group, consisting of Josephine Zimula, Fred Manina, Sarah Nabisalu, Godfrey Ganazi, Abdul Mukasa, Nathan Nyuka by Pearl Microfinance Limited in Uganda. We are excited to watch this business grow. Over the next 4 months, Pearl Microfinance Limited will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Mbiko, Uganda Apr 20, 2008
Comments (2)

journal Entrepreneur: Zimula Josephine's Group Location: Mbiko, Uganda Josephine Zimula is an independent woman and a young entrepreneur with very big business prospects. She has a retail shop business that is operating smoothly, thanks to the loans. She used her loan to buy more sugar, soap, washing powder, bread and other confectioneries and as a result she has been able to save as she repays her loan promptly. She is a lady who does not believe in being unemployed and hopes that her future husband will understand that. She says that without loans, her shop would be nothing.
Posted by Grace Nattoolo from Mbiko, Uganda Jul 24, 2008
Comment on this entry

Repayment Schedule for Zimula Josephine's Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
July 2008	$587.50	$588.00	Repayment Received
August 2008	$587.50	$588.00	Repayment Received
September 2008	$587.50	$588.00	Repayment Received
October 2008	$587.50	$586.00	Repayment Received