Constance Tumuhirwe


Status: Paying Back

$975.00   Loan Amount
16% repaid

About the Entrepreneur

Name: Constance Tumuhirwe
Location: Ntungamo, Uganda
Activity: Farming

About the Loan

Loan Amount: $975.00
Loan Use: To buy manure and tools for better farming.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 22, 2009
Date Disbursed: Aug 13, 2009
Date Funded:Aug 22, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:2,055.0001 UGX = 1 USD



Constance Tumuhirwe is a client of Pearl Microfinance in Ntungamo. She is 40 years old and married with 4 children ages 18-26. She also cares for 4 orphans who all attend school. She is a businesswoman who has been in commercial agriculture since 1982. Although she faces challenges like seasonality and price fluctuations, she is able to make weekly profits of between 60,000 – 90,000 UGX from the sale of matooke alone. She sells in three different locations - Kakungu village, Omungyenyi county and Rubaare subcounty - and one day she hopes to sell in just one location because transporting the produce to all these places is expensive and tiresome. The profits she makes enable her to educate her children so they can become self reliant. This is why she requests a loan to help purchase manure and tools for modernizing her farming practices.

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Journal entries for Constance Tumuhirwe


Loan has been disbursed
 
Entrepreneur: Constance Tumuhirwe
Location: Ntungamo, Uganda

Thank you for your loan. It has been disbursed to Constance Tumuhirwe by Pearl Microfinance Limited in Uganda. We are excited to watch this business grow. Over the 12 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 Ntungamo, Uganda
Aug 23, 2009
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Kiva Help Repayment Schedule for Constance Tumuhirwe

  Expected Repayments Actual Repayments Comments
November 2009 $81.25 $81.25 Repayment Received
December 2009 $81.25 $81.25 Repayment Received
January 2010 $81.25 Available Jan 1  
February 2010 $81.25 Available Feb 1  
March 2010 $81.25 Available Mar 1  
April 2010 $81.25 Available Apr 1  
May 2010 $81.25 Available May 1  
June 2010 $81.25 Available Jun 1  
July 2010 $81.25 Available Jul 1  
August 2010 $81.25 Available Aug 1  
September 2010 $81.25 Available Sep 1  
October 2010 $81.25 Available Oct 1