Hadjah Nankya‘s Group

Status: Paid Back

$1,025.00		Loan Request
$1,025.00		Paid Back

About the Group

Group Name:	Hadjah Nankya‘s Group
Group Members:	Hadjah Nankya Hadjah Nababi Mariam Nabanoba prossy Nagawa
Location:	Kampala, Uganda
Activity:	Fruits & Vegetables

About the Loan

Loan Amount:	$1,025.00
Loan Use:	To buy more bananas
Repayment Term:	6 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Jan 30, 2009
Date Disbursed:	Jan 28, 2009
Date Funded:	Jan 30, 2009
Loan Ended:	Aug 15, 2009

About the Field Partner

Field Partner:

Micro Credit for Development and Transformation SACCO (MCDT SACCO)

Field Partner Risk Rating:

(Learn more)

Pilot

20 months

2120

$475,050

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Uganda
Avg Annual Income:	$1,700.00
Currency:	Uganda Shillings (UGX)
Exchange Rate:	1,986.3200 UGX = 1 USD

Hadjah is a leader of 4 members of a group. She is a 36-year-old married woman with 8 children aged between 9 and 23 years. All her children go to school. She takes care of additional family members. She owns a five-room house where she lives with ten people. They have electricity and piped water at home. The family gets three meals a day.

She works in a semi-urban area which is in the outskirts of Kampala. She sells matooke (bananas) in Ndeeba Market near Kampala city. Hadjah works seven days a week and doesn’t incur any extra transport costs because she buys from her home. Hadjah sells to an average of 15 customers a day. She is faced with a challenge in the rainy season because she sells from an open place. Hadjah has been in this business for the last three years and has been in MCDT for six years, servicing her twelfth loan and working all this long with the same group mates. Hadjah's monthly expenses include the license fee for her business and school fees. She wants to use this loan to increase the stock of her banana business Hadjah is aspiring to see her business expanding so that she can start buying a whole lorry-full of bananas

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 Hadjah Nankya‘s Group

Loan has been disbursed Entrepreneur: Hadjah Nankya‘s Group Location: Kampala, Uganda Thank you for your loan. It has been disbursed to the Hadjah Nankya group, consisting of Hadjah Nankya , Hadjah Nababi , Mariam Nabanoba, prossy Nagawa by Micro Credit Development Trust SACCO (MCDT) in Uganda. We are excited to watch this business grow. Over the 3 months of this loan, Micro Credit Development Trust SACCO (MCDT) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Kampala, Uganda Jan 31, 2009
Comment on this entry

Hadja Nankya's journal Entrepreneur: Hadjah Nankya‘s Group Location: Kampala, Uganda Hadja is not doing well in her business of selling bananas, She has used her loan to buy more bananas The challenges she faces while doing her business is the ever increasing g prices of food and rent charges which has led to a reduction in the no of customers and also led to her bananas to rip. She also complains of little capital to run her business to her dreams. Hadja opted to do this type of business because of the place she stays in which is very populated hence increasing her clientele Her children go to school and are healthy because she is able to treat them incase of sickness. and also afford more meals in her home She hopes to open up a shop and sell a variety of goods to her customers She is very grateful to kiva for giving her their support.
Posted by Aloo Beatrice from Kampala, Uganda Jun 30, 2009
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Repayment Schedule for Hadjah Nankya‘s Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
March 2009	$0.00	$639.50
April 2009	$256.24	$0.00	Repayment Received
May 2009	$256.24	$64.17	Repayment Received
June 2009	$320.30	$165.02	Repayment Received
July 2009	$192.22	$0.00	Repayment Received
September 2009	$0.00	$156.31