Benna Akiya Group
Status: Paid Back
| $4,750.00 | Loan Request | |
|---|---|---|
| $4,750.00 | Paid Back |
About the Group
| Group Name: | Benna Akiya Group |
|---|---|
| Group Members: |
Benna Akiya Mary Nakatudde Jane Kagoya Jane Mukisa John Kinene James Kayondo Godfrey Gamisha Godfrey Balikoowa Susan Birabwa Livingstone Mutumba Robert Sebunya Dan Kato Christopher Kayondo |
| Location: | Lugazi, Uganda |
| Activity: | Pub |
About the Loan
| Loan Amount: | $4,750.00 |
|---|---|
| Loan Use: | To purchase more materials for making local brew like sim sim, bananas and others. |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Dec 25, 2008 |
| Date Disbursed: | Dec 9, 2008 |
| Date Funded: | Dec 26, 2008 |
| Loan Ended: | Apr 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Pearl Microfinance Limited |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 26 months |
| Kiva Entrepreneurs: | 10683 |
| Total Loans: | $2,885,625 |
| 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 |
Benna Akiya is 34 years old and a mother of one child who is aged 8. She supports two dependants aged 6 and 9 years respectively. She has a business of selling beer and local brew, and has been in this business for over 10 years in Luwayo. Her loans have been helping her so much with her business and now this one will help her acquire raw materials like sim sim and bananas for her local brew business. Her biggest challenge is the seasonality of her business, but because of the experience she has, she has been able to retain her customers throughout the season.
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
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 Benna Akiya Group
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Loan has been disbursed
Location: Lugazi, Uganda
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Posted by
from Lugazi, Uganda
Dec 26, 2008 |
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Comment on this entry
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Journal
Location: Lugazi, Uganda
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Posted by
Grace Nattoolo from Lugazi, Uganda
Jul 16, 2009 |
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Comment on this entry
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Repayment Schedule for Benna Akiya Group
Repayment Schedule for Benna Akiya Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| February 2009 | $890.64 | $890.64 |  Repayment Received
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| March 2009 | $1,187.52 | $1,187.52 | Repayment Received
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| April 2009 | $1,187.52 | $1,187.52 | Repayment Received
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| May 2009 | $1,484.32 | $1,484.32 | Repayment Received
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