Namubiru Amina Group
Status: Paid Back
| $675.00 | Loan Request | |
|---|---|---|
| $675.00 | Paid Back |
About the Group
| Group Name: | Namubiru Amina Group |
|---|---|
| Group Members: |
Christine Mandu Gida Nakalema Teo Nakisozi Amina Namubiru Rukia Sekana |
| Location: | Kampala, Uganda |
| Activity: | Fruits & Vegetables |
About the Loan
| Loan Amount: | $675.00 |
|---|---|
| Loan Use: | Increase her stock |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Mar 19, 2009 |
| Date Disbursed: | Feb 16, 2009 |
| Date Funded: | Mar 19, 2009 |
| Loan Ended: | Sep 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: | 2127 |
| Total Loans: | $477,225 |
| 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: | 1,970.0000 UGX = 1 USD |
She has a retail shop that she rents and where she works seven days a week selling bananas. She receives about 20 customers a day she has done this kind of business for over six years now. Her main challenge is transportation since she buys the bananas from the village and has to transport them to town where she sells them.
She has worked with MCDT for two years now. The reason she chose to work with MCDT is because she wanted some capital to put in her business. She has worked with her group for two years and her goal right now is to have a successful business to be able to sustain her family.
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 Namubiru Amina Group
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Loan has been disbursed
Location: Kampala, Uganda
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Posted by
from Kampala, Uganda
Mar 20, 2009 |
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Comment on this entry
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Repayment Schedule for Namubiru Amina Group
Repayment Schedule for Namubiru Amina Group
| Expected Repayments | Actual Repayments | Comments | |||
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| May 2009 | $168.78 | $145.23 |  Repayment Received
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| June 2009 | $112.52 | $92.57 | Repayment Received
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| July 2009 | $112.52 | $0.00 | Repayment Received
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| August 2009 | $140.65 | $0.00 | Repayment Received
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| September 2009 | $112.52 | $409.08 | Repayment Received
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| October 2009 | $28.01 | $28.12 | Repayment Received
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