Kamu Kamu Women's Group C


Status: Paid Back

$4,000.00   Loan Request
$4,000.00   Paid Back

About the Group

Group Name: Kamu Kamu Women's Group C
Group Members: Harriet Nakimwero
Sarah Iguru
Abdul Mukasa
Kigenyi Nansubuga
Christopher Kirya
Abdul Malika
Regina Nakimuli
Godfrey Ganazi
Sarah Nabusalu
Rashid Mbabazi
Location: Kayunga, Uganda
Activity: General Store

About the Loan

Loan Amount: $4,000.00
Loan Use: To restock her shop, salon and bar with more goods.
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 23, 2008
Date Disbursed: Nov 18, 2008
Date Funded:Dec 16, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:2,000.1000 UGX = 1 USD



Harriet Nakimwero is a leader of Kamu kamu women’s group C in Kayunga. Harriet, 32, is married and has three children (ages 12, 7, and 4) who are all in school. She also cares for her sister by paying her school fees. Harriet has been in this lending group for one year and has various businesses. She has a retail shop that she has had for eight years, a salon that she has operated for a year. and, together with her husband, she has a bar. Harriet and her husband work together to see that all the businesses succeed. They have two dreams: that their children have the best possible education and that they own more land for farming. They are farmers now, though not on a very large scale. Harriet needs a loan to restock her shop, bar, and salon with goods.

This loan will be shared with her group members.



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 Kamu Kamu Women's Group C


Loan has been disbursed
 
Entrepreneur: Kamu Kamu Women's Group C
Location: Kayunga, Uganda

Thank you for your loan. It has been disbursed to the Harriet Nakimwero group, consisting of Harriet Nakimwero, Sarah Iguru, Abdul Mukasa, Kigenyi Nansubuga, Christopher Kirya, Abdul Malika, Regina Nakimuli, Godfrey Ganazi, Sarah Nabusalu, Rashid Mbabazi by Pearl Microfinance Limited in Uganda. We are excited to watch this business grow. Over the 3 months of this loan, Pearl Microfinance Limited will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kayunga, Uganda
Dec 17, 2008
Comments (1)

Journal
 
Entrepreneur: Kamu Kamu Women's Group C
Location: Kayunga, Uganda

Nakimwero Harriet is a retail shop owner in Kayunga that is proud to be getting loans to build her business. She is a married lady that works so hard with her husband to ensure that all her children get the best out of the parents’ sweat. Together with her husband, Harriet has a bar, a farm and a retail shop and she is happy that the loans help all her businesses. Very soon, she will ask for another loan for business expansion.


Posted by Grace Nattoolo from Kayunga, Uganda
Jul 8, 2009
Comments (1)

Kiva Help Repayment Schedule for Kamu Kamu Women's Group C

  Expected Repayments Actual Repayments Comments
February 2009 $1,333.35 $1,333.35 Repayment Received
March 2009 $1,066.68 $1,066.68 Repayment Received
April 2009 $1,066.68 $1,066.68 Repayment Received
May 2009 $533.29 $533.29 Repayment Received