Paulina Nantongo`s Group


Status: Paid Back

$1,775.00   Loan Request
$1,775.00   Paid Back

About the Group

Group Name: Paulina Nantongo`s Group
Group Members: Resty Nayiga
Maria Nakiganda
Swagila Nalinya
Stella Nankabirwa
Paulina Nantongo
Location: Kampala, Uganda
Activity: Retail

About the Loan

Loan Amount: $1,775.00
Loan Use: Increase stock of shoes and drinks
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 15, 2008
Date Disbursed: Aug 2, 2008
Date Funded:Jul 19, 2008
Loan Ended:Jan 17, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,638.0000 UGX = 1 USD



Paulina is the leader of a group of five women. She is 32 years old and married with 3 children, ages 5 months, 10 years, and 14 years. Her two eldest children are in school, the youngest is an infant. She lives in an urban community which is highly susceptible to floods during the rainy season.


Paulina has been selling shoes in the market near her home six days a week, Monday through Saturday for the past five years. Her market for shoes is fair. The biggest challenge is few customers. She has been able to augment her shoe business by also selling soda, water, and passion fruit.


Paulina plans on using this loan to increase her stock of shoes and drinks. She hopes to one day be able to buy a plot and build a house.


Paulina has successfully paid back 10 loans.



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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Lenders to this group

Buchanan Family
www.kivafriends.org, Ramsey, NJ
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Good Dogg
Front Porch, www.kivafriends.org
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Sofia
Boston, MA
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AAAAAAAAAAAA
aa, aa
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Linda
Hopewell, NJ
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Adam
Bendigo, Victoria
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Laurie
Upper Galilee, Israel
Israel

Natalie
Redmond, WA
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Roxanne
Berkeley, CA
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Tink
Redwood City, CA
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Lauren
Ivoryton, CT
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Luc
Brasschaat,
Belgium

Jimbo
Lynnwood, WA
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Patty
O Fallon, IL
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Jay & Sophia
East Lansing, MI
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Hany
Downsville, LA
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Rex & Patty
Sammamish, WA
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James
Portland, OR
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David
Broomall, PA
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heather
Denver, CO
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David and Kathleen
Washington, DC
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Slattery
Cincinnati, OH
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Fred
Gulph Mills, PA
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David
Udhailiyah,
Saudi Arabia

Kris
Columbus, OH
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Anonymous

Katherine
Monument, CO
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Karin
Mystic, CT
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Joey
Los Angeles, CA
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Barbara
Gaithersburg, MD
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Stefano
Trieste, Trieste
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james
san francisco, CA
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Mike
Wauwatosa, WI
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Christopher Shirk
California
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Bengt in Sweden
PARTILLE,
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Kay
Columbia, MD KivaFriends.org
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Intaba Topera
Champaign-Urbana, IL
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Judith
St. Peter, MN
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Edwin
Pacific Grove, CA
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Ron and Marlene
Andover, Minnesota
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Helle
Århus C,
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Audun
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howard and maureen
pinole, CA
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Breianne
Long Beach, CA
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Dwight
Denver, CO
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Martin
New York, NY
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Allan & Molly
Ryderwood, WA
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Michael & Matt
Columbia, SC
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Annie
Toronto, Ontario
Canada

caroline
Whangarei, New Zealand
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Anonymous
Courtice, Ontario
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Anonymous
minneapolis, MN
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Paul & Aislinn Beedu
Frisco, TX
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Journal entries for Paulina Nantongo`s Group


Loan has been disbursed
 
Entrepreneur: Paulina Nantongo`s Group
Location: Kampala, Uganda

Thank you for your loan. It has been disbursed to the Paulina Nantongo`s Group group, consisting of Paulina Nantongo, Stella Nankabirwa, Swagila Nalinya, Maria Nakiganda, Resty Nayiga by Micro Credit Development Trust SACCO (MCDT) in Uganda. We are excited to watch this business grow. Over the next 4 months, Micro Credit Development Trust SACCO (MCDT) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kampala, Uganda
Aug 3, 2008
Comment on this entry

JOURNAL
 
Entrepreneur: Paulina Nantongo`s Group
Location: Kampala, Uganda

Pauline sells second hand shoes to make a leaving

She used the loan she received from MCDT to increase on her stock the only problem she faces in her business is that of lack of customers in a particular season

She chose this particular type of business because it was easy for her to start and also she makes enough profits out of it.

Since joining MCDT she has managed to expand on her business she has also managed to buy additional items for sell to increase on income. Pauline has also been able to build saving for herself

All her children are at school she is also able to meet the basic needs of her family

Pauline hopes to continue expanding on her business she also wants to buy a plot and build a house for her family.


Posted by Olivia Kayongo from Kampala, Uganda
Feb 16, 2009
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Kiva Help Repayment Schedule for Paulina Nantongo`s Group

  Expected Repayments Actual Repayments Comments
November 2008 $443.75 $444.00 Repayment Received
December 2008 $443.75 $444.00 Repayment Received
January 2009 $443.75 $443.25 Repayment Received
February 2009 $443.75 $443.75 Repayment Received