Regina Namuli's Group
Status: Paid Back
| $1,375.00 | Loan Request | |
|---|---|---|
| $1,375.00 | Paid Back |
About the Group
| Group Name: | Regina Namuli's Group |
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| Group Members: |
Alice Nabaloga Euralia Nabukeera Gorretti Nakyejwe Gladys Nassuna Regina Namuli |
| Location: | Kampala, Uganda |
| Activity: | Pub |
About the Loan
| Loan Amount: | $1,375.00 |
|---|---|
| Loan Use: | To increase her stock |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Aug 12, 2008 |
| Date Disbursed: | Sep 8, 2008 |
| Date Funded: | Aug 25, 2008 |
| Loan Ended: | Apr 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Micro Credit for Development and Transformation SACCO (MCDT SACCO) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Pilot |
| Time On Kiva: | 20 months |
| Kiva Entrepreneurs: | 2124 |
| Total Loans: | $476,175 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Uganda |
|---|---|
| Avg Annual Income: | $1,700.00 |
| Currency: | Uganda Shillings (UGX) |
| Exchange Rate: | 1,613.0000 UGX = 1 USD |
Regina Namuli is the leader of a group of 5 women. She is 43 and a single mother with four children ages 20, 18, 16 and 14. Regina lives in a semi-urban slum on the outskirts of Kampala that is prone to flooding during the rainy season.
Regina has been selling beer at her bar for the past 8 years. The market for her beer is fair. Regina plans to use this loan to boost her business by increasing her stock.
Since she began working with MCDT, Regina has successfully repaid eight loans. With these loans, Regina's business has prospered and with the profits she has been able to educate her children and look after her family.
Regina hopes to one day be able to build a house for her family.
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
Regina has been selling beer at her bar for the past 8 years. The market for her beer is fair. Regina plans to use this loan to boost her business by increasing her stock.
Since she began working with MCDT, Regina has successfully repaid eight loans. With these loans, Regina's business has prospered and with the profits she has been able to educate her children and look after her family.
Regina hopes to one day be able to build a house for her family.
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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Journal entries for Regina Namuli's Group
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Loan has been disbursed
Location: Kampala, Uganda
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Posted by
from Kampala, Uganda
Sep 8, 2008 |
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Comment on this entry
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Repayment Schedule for Regina Namuli's Group
Repayment Schedule for Regina Namuli's Group
| Expected Repayments | Actual Repayments | Comments | |||
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| December 2008 | $229.17 | $230.00 |  Repayment Received
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| January 2009 | $229.17 | $228.33 | Repayment Received
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| February 2009 | $229.17 | $229.17 | Repayment Received
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| March 2009 | $229.17 | $229.17 | Repayment Received
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| April 2009 | $229.17 | $229.17 | Repayment Received
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| May 2009 | $229.15 | $229.16 | Repayment Received
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