Baligenwa Women's Group

Status: Paid Back

$4,725.00		Loan Request
$4,725.00		Paid Back

About the Group

Group Name:	Baligenwa Women's Group
Group Members:	Nite Kayaga Fatumah Babirye Aidah Kayita James Tigawalana Scovia Bulluba Ruth Nabbuye Peter Mageneso Zaina Balikoowa Moses Kinokole Monica Kirinze Joan Nakalyowa Grace Nayigu
Location:	Jinja, Uganda
Activity:	Liquor Store / Off-License

About the Loan

Loan Amount:	$4,725.00
Loan Use:	Nayigu Grace would like a loan to expand her business by buying more millet for making more malwa.
Repayment Term:	9 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Jul 1, 2008
Date Disbursed:	Aug 8, 2008
Date Funded:	Jul 25, 2008
Loan Ended:	Mar 16, 2009

About the Field Partner

Field Partner:

Pearl Microfinance Limited

Field Partner Risk Rating:

(Learn more)

Active

26 months

10718

$2,893,675

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:	1,666.0000 UGX = 1 USD

Nayigu Grace is the chairperson of Baligenwa women’s group in Jinja. She prepares local brew known as “malwa” for sale using millet that is fried on a large metallic tray, milled, mixed with water, and after a few days, it’s ready. She is 42 years old and married with 7 children, and also cares for 1 grandchild.

The group has been together for 6 years and all members agree that with the loans, life has improved a lot and this has enabled them to send their children to school. Grace would like a loan to expand her business by buying more millet since she is now able to sell 4 jerry cans of malwa in a day at $6, yet other customers enjoy the drink at her home where she has constructed shelter for them. Customers come with their jerry cans and her job is to fill them.

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

Anonymous

Mike V
Mountain View, CA
United States

Holli
bellevue, WA
United States

Anonymous
Philadelphia, PA
United States

Chelsea
Honolulu, HI
United States

charlotte
Jacksonville, FL
United States

Caleb
Lake Odessa, MI
United States

Terry
Coffs Harbour, NSW
Australia

Robert
London, London
United Kingdom

Bruce Chou
Oakdale & Los Angeles & San Jose, CA
United States

Hany
Downsville, LA
United States

Law-Nerd
Ottawa, ON
Canada

Lamont
Seattle, WA
United States

Carol
Gibsons, BC
Canada

Joelle
Pearl City, HI
United States

Stephanie
Grande Prairie, Alberta
Canada

Denise
Guayaquil,
Ecuador

Nancy
Palo Alto, CA
United States

Rohan
Dallas, TX
United States

Emil
Dallas, TX
United States

Mary
Portland, OR
United States

Anonymous
Vancouver, British Columbia
Canada

Hedwig
Centennial, CO
United States

Diane
San Diego, CA
United States

Corrine
Endicott, NY
United States

Iain
Glasgow, Scotland
United Kingdom

Victoria
Oshkosh, WI
United States

Kacie
Sunnyvale, CA
United States

Ken
San Diego, CA
United States

Doris
Los Angeles, CA
United States

Patricia
Blackstone, MA
United States

Anonymous
KivaFriend,

TheLittleVC
Chandler, AZ
United States

Journal entries for Baligenwa Women's Group

Loan has been disbursed Entrepreneur: Baligenwa Women's Group Location: Jinja, Uganda Thank you for your loan. It has been disbursed to the Baligenwa Women's group group, consisting of Grace Nayigu, Joan Nakalyowa, Monica Kirinze, Moses Kinokole, Zaina Balikoowa, Peter Mageneso, Ruth Nabbuye, Scovia Bulluba, James Tigawalana, Aidah Kayita, Fatumah Babirye, Nite Kayaga by Pearl Microfinance Limited in Uganda. We are excited to watch this business grow. Over the next 6 months, Pearl Microfinance Limited will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Jinja, Uganda Aug 9, 2008
Comment on this entry

Journal Entrepreneur: Baligenwa Women's Group Location: Jinja, Uganda Nayigu Grace can never think about changing her business because it’s paying for her. Overtime, she has been able to keep most of her loyal customers since the loans help her to always remain in business plus enabling her to pay fees for her children. With the loan, she is able to have enough high quality brew that keeps on attracting more to her side. She is a contented woman and only prays that God rewards all those enabling her succeed.
Posted by Grace Nattoolo from Jinja, Uganda Nov 23, 2008
Comment on this entry

Repayment Schedule for Baligenwa Women's Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
November 2008	$787.50	$788.00	Repayment Received
December 2008	$787.50	$788.00	Repayment Received
January 2009	$787.50	$786.50	Repayment Received
February 2009	$787.50	$787.50	Repayment Received
March 2009	$787.50	$787.50	Repayment Received
April 2009	$787.50	$787.50	Repayment Received