Beatrice Tumusime


Status: Paying Back

$1,075.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Beatrice Tumusime
Location: Kyenjojo, Uganda
Activity: Food Market

About the Loan

Loan Amount: $1,075.00
Loan Use: To purchase maize, millet, cassava, and beans in volume
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 24, 2009
Date Disbursed: Oct 21, 2009
Date Funded:Oct 24, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,880.0000 UGX = 1 USD



Tumusime Beatrice is an ambitious entrepreneur with a food store. Her shop is located along Bundibugyo Road in Kisenyi (Rwengoma A2 Zone). She started with little capital in 2007, that is, a few bags of maize and cassava. As the business went on, slowly, she took the maize and cassava for grilling and the stock increased with maize flour and cassava flour. Further, she added millet flour due to the fact that it is jointly demanded with cassava flour as a mixture for a meal.



Beatrice is requesting the loan to add inventory and include beans in her business since people love them as a sauce for meals. And more so in the rainy season, the prices tend to increase which may affect her profits, so she wants to stock up in advance, that is, purchase maize, millet, cassava, and beans in large quantity for her business expansion. Her dream is to see her business be successful.


Subscribe

Lenders to this entrepreneur

Lisa
Streator, IL
United States

ed
hilton head island, SC
United States

Anonymous
San Francisco, CA
United States

Corina
Nanaimo, British Columbia
Canada

Jeffrey
Louisville, KY
United States

sue
Playa Del Rey, CA
United States

Vivien
San Anselmo, California
United States

Øyvind
Frei, Møre og Romsdal
Norway

Marsha
Ottawa, Ontario
Canada

Barry & Laura
Calgary, AB
Canada

LeeZu Baxter/Suzi Phlox
Hamburg, Las Palmas
Spain

Jackie
Sonoma, CA
United States

LQS Eddie Gough Fund
St Brelade, Jersey CI
United Kingdom

Rick
Ottawa, Ontario
Canada

E M
Swift Current, Saskatchewan
Canada

Gilberto
Sovicille, Siena
Italy

Sisters
Delaware, OH
United States

Tara
Halifax, Nova Scotia
Canada

Penelope
Cambridge, MA
United States

Terry
Littleton, CO
United States

Serge
Broek in Waterland,

Daniel
Auburn, WA
United States

Todd
Calgary, Alberta
Canada

Debra
Leesburg, VA
United States

John
Union, ME
United States

Barbara
Boulder, CO
United States

Wendy
Denver, CO
United States

David
waltham, MA
United States

Paula
Erie, PA
United States

Brent and Erin
Hillsboro, OR
United States

Tanguy
Los Altos, CA
United States

Jean
Plymouth, MA
United States

Mark
Maisons-Laffitte,
France

Sami
Walnut Creek, CA
United States

Yoav
Tel Aviv,
Israel

daniel
lisboa,
Portugal



Top Lending Teams for this entrepreneur


LOTUS: Lend Out To Uplift Self-sufficiency
Common Interest
665 Members

Bloggers
Common Interest
230 Members

Nova Scotia (NS), Canada
Local Area
43 Members

Team USA
Local Area
867 Members

Yay Microlending!
Friends
6 Members

Journal entries for Beatrice Tumusime


Loan has been disbursed
 
Entrepreneur: Beatrice Tumusime
Location: Kyenjojo, Uganda

Thank you for your loan. It has been disbursed to Beatrice Tumusime by BRAC Uganda in Uganda. We are excited to watch this business grow. Over the 11 months of this loan, BRAC Uganda will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kyenjojo, Uganda
Oct 25, 2009
Comment on this entry

Kiva Help Repayment Schedule for Beatrice Tumusime

  Expected Repayments Actual Repayments Comments
January 2010 $89.58 Available Jan 1  
February 2010 $89.59 Available Feb 1  
March 2010 $89.58 Available Mar 1  
April 2010 $89.58 Available Apr 1  
May 2010 $89.59 Available May 1  
June 2010 $89.58 Available Jun 1  
July 2010 $89.58 Available Jul 1  
August 2010 $89.59 Available Aug 1  
September 2010 $89.58 Available Sep 1  
October 2010 $89.58 Available Oct 1  
November 2010 $89.59 Available Nov 1  
December 2010 $89.58 Available Dec 1