Mary Kalenganire’s Group
Status: Paid Back
| $550.00 | Loan Request | |
|---|---|---|
| $550.00 | Paid Back |
About the Group
| Group Name: | Mary Kalenganire’s Group |
|---|---|
| Group Members: |
Mary Kalenganire Agnes Namwanje Hamidah Nassanga Eseza Lubega |
| Location: | Kampala, Uganda |
| Activity: | Construction |
About the Loan
| Loan Amount: | $550.00 |
|---|---|
| Loan Use: | To build a house in the plot she bought from previous loans |
| Repayment Term: | 7 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Nov 1, 2008 |
| Date Disbursed: | Nov 15, 2008 |
| Date Funded: | Nov 1, 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: | 2,000.0000 UGX = 1 USD |
The family gets 3 meals a day. She resides and works in a semi-urban area that is on the outskirts of Kampala. Mary operates a retail shop in Kamwokya Kifumbira, one of the city suburbs, and buys her products from Kampala City. Mary uses public transport to get back and forth to her business. She sells to all categories of people. She sells to an average of 20 people a day, and her monthly expenses include school fees, medication, and food for the family.
Mary works 7 days a week and has been with MCDT for 3 years, servicing her sixth loan. She wants to use this loan to build a house in the plot she bought from previous 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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Journal entries for Mary Kalenganire’s Group
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Loan has been disbursed
Location: Kampala, Uganda
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Posted by
from Kampala, Uganda
Nov 16, 2008 |
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JOURNAL
Location: Kampala, Uganda
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Posted by
Olivia Kayongo from Kampala, Uganda
Feb 16, 2009 |
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Comment on this entry
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Repayment Schedule for Mary Kalenganire’s Group
Repayment Schedule for Mary Kalenganire’s Group
| Expected Repayments | Actual Repayments | Comments | |||
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| February 2009 | $137.50 | $137.50 |  Repayment Received
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| March 2009 | $137.50 | $137.50 | Repayment Received
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| April 2009 | $137.50 | $137.50 | Repayment Received
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| May 2009 | $137.50 | $137.50 | Repayment Received
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