Najjanakumbi B-namudu Group
Status: Paid Back
| $800.00 | Loan Request | |
|---|---|---|
| $800.00 | Paid Back |
About the Group
| Group Name: | Najjanakumbi B-namudu Group |
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| Group Members: |
Leocadia Namudu Justine Nampijja Faridah Babirye Maria Naiga |
| Location: | Zanna, Uganda |
| Activity: | General Store |
About the Loan
| Loan Amount: | $800.00 |
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| Loan Use: | Purchase sacks of sugar, flour and rice. |
| Repayment Term: | 11 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jan 14, 2009 |
| Date Disbursed: | Dec 2, 2008 |
| Date Funded: | Jan 15, 2009 |
| Loan Ended: | Oct 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | BRAC Uganda |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 23 months |
| Kiva Entrepreneurs: | 8418 |
| Total Loans: | $2,316,025 |
| 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: | 2,000.1000 UGX = 1 USD |
Leocadia Namudu is 40 years old. she operates a grocery shop in Najjanakumbi. She has been into business for a period of 4 years but due to insufficient funds, has been unable to meet the rising demands of customers. loan proceeds are therefore enabling her purchase bags of sugar, rice and flour in lump some.She obtains her stock from the busy Kikuubo market in Kampala town.
On a good day, she can sell goods worth Ush 70,000. Her weekly profit margin lies at an average of Ush 80,000. As a married mother of 6 children between ages 24-7 years, she uses part of the profits to help her husband in fending for the family. She ensures customer loyalty by providing quality services. Namudu dreams of running a wholesale retail shop in the heart of the city so that she can get increased income to enable her educate the children to university levels.
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
On a good day, she can sell goods worth Ush 70,000. Her weekly profit margin lies at an average of Ush 80,000. As a married mother of 6 children between ages 24-7 years, she uses part of the profits to help her husband in fending for the family. She ensures customer loyalty by providing quality services. Namudu dreams of running a wholesale retail shop in the heart of the city so that she can get increased income to enable her educate the children to university levels.
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
Anonymous
Reuben
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anja
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Coupongood.org
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Christian
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Andrew
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Journal entries for Najjanakumbi B-namudu Group
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Loan has been disbursed
Location: Zanna, Uganda
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Posted by
from Zanna, Uganda
Jan 16, 2009 |
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Comment on this entry
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Repayment Schedule for Najjanakumbi B-namudu Group
Repayment Schedule for Najjanakumbi B-namudu Group
| Expected Repayments | Actual Repayments | Comments | |||
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| March 2009 | $160.00 | $160.00 |  Repayment Received
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| April 2009 | $80.00 | $80.00 | Repayment Received
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| May 2009 | $100.00 | $100.00 | Repayment Received
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| June 2009 | $80.00 | $80.00 | Repayment Received
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| July 2009 | $80.00 | $80.00 | Repayment Received
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| August 2009 | $100.00 | $100.00 | Repayment Received
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| September 2009 | $80.00 | $80.00 | Repayment Received
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| October 2009 | $80.00 | $80.00 | Repayment Received
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| November 2009 | $40.00 | $40.00 | Repayment Received
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