Jonnex Mugoya

Status: Paid Back

$450.00		Loan Request
$450.00		Paid Back

About the Entrepreneur

Name:	Jonnex Mugoya
Location:	Katosi, Uganda
Activity:	Fishing

About the Loan

Loan Amount:	$450.00
Loan Use:	To buy fishing nets and hooks
Repayment Term:	6 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Jul 6, 2008
Date Disbursed:	Jul 21, 2008
Date Funded:	Jul 7, 2008
Loan Ended:	Dec 16, 2008

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:	1,622.0000 UGX = 1 USD

Mugoya Jonnex is a fisherman at the Katosi fish landing. He has been fishing ever since he left school some years back, and he does not regret it. He owns a boat with which he earns a living for his family. He is asking for a loan through his Kewerimidde group to help him do his fishing job better.

Lenders to this entrepreneur

David
Watertown, MA
United States

Andreas Dittes
Sulzfeld,
Germany

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

debbie
robbinsdale, MN
United States

Andrea and Wouter
Kelmscott, WA
Australia

Cheryl
Derby, Derbyshire
United Kingdom

Hilda
Highlands, Scotland

Dewey & Avis
Gladstone, MI
United States

Anonymous
Bloomington, MN
United States

David
Dumfries, Scotland
United Kingdom

Robert
Manchester, England
United Kingdom

Anonymous
harrisburg, PA
United States

Ian

Steve
Boothbay, ME
United States

Barry & Laura
Calgary, AB
Canada

Sonny
Enfield, CT
United States

Georg
Kleinmachnow,
Germany

Journal entries for Jonnex Mugoya

Loan has been disbursed Entrepreneur: Jonnex Mugoya Location: Katosi, Uganda Thank you for your loan. It has been disbursed to Jonnex Mugoya 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 Katosi, Uganda Jul 21, 2008
Comments (1)

Journal Entrepreneur: Jonnex Mugoya Location: Katosi, Uganda Mugoya Jonnex was able to buy strong fishing nets and hooks in replacement of the old ones and as a result, he is able to repay his loan on time, school fees were paid, with at least enough food on the table for his family. He is grateful for the loans because without them, getting money elsewhere means very high interest rates, giving not enough time to invest in business to make more profits and this is why he chose Pearl Microfinance.
Posted by Grace Nattoolo from Katosi, Uganda Nov 10, 2008
Comment on this entry

Repayment Schedule for Jonnex Mugoya

Show Advanced

	Expected Repayments	Actual Repayments	Comments
October 2008	$112.50	$113.00	Repayment Received
November 2008	$112.50	$113.00	Repayment Received
December 2008	$112.50	$113.00	Repayment Received
January 2009	$112.50	$111.00	Repayment Received