Annet Kintu


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Annet Kintu
Location: Jinja, Uganda
Activity: General Store

About the Loan

Loan Amount: $1,200.00
Loan Use: To buy more goods like bread, ground nuts, maize flour, and cooking oil for her shop.
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 23, 2008
Date Disbursed: Nov 6, 2008
Date Funded:Oct 23, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,985.0000 UGX = 1 USD



Annet Kintu is 47 years of age and a proud owner of a retail shop in Jinja, Napiya park lane. Annet has had various businesses over her time. First, she was into selling through a wholesale shop containing cosmetics, and then she joined farming, where she bought and supplied foods and beverages with a 'World Food' contract. This is when she had all of her produce stolen, amounting to 18 millions Uganda shillings, while she had a loan from Finance Trust.

She had a difficult time paying back her loan in time, but with the help of friends, she was able to complete the repayment. She resorted to opening a retail shop business that she still owns today. She has no plans of changing to another business, but would like to turn her retail shop into a wholesale shop if she can access enough capital.

Annet is married with seven children, of which three are still in school, and she also cares for three orphans. Her success is due to her determination, the way she manages her loans, and God’s blessings.


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Journal entries for Annet Kintu


Loan has been disbursed
 
Entrepreneur: Annet Kintu
Location: Jinja, Uganda

Thank you for your loan. It has been disbursed to Annet Kintu by Pearl Microfinance Limited in Uganda. We are excited to watch this business grow. Over the next 4 months, Pearl Microfinance Limited will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Jinja, Uganda
Nov 7, 2008
Comment on this entry

Journal
 
Entrepreneur: Annet Kintu
Location: Jinja, Uganda

Because of loans, Kintu Annet is turning into a different woman now. One can not tell what she has gone through to reach this far unless told because she is progressing in her business. She has a retail shop in Jinja market and here she has many customers especially those that desire cold drinks and snacks. She is a very hard working lady with a determination to be better off in future, all thanks to her loans.


Posted by Grace Nattoolo from Jinja, Uganda
May 25, 2009
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Kiva Help Repayment Schedule for Annet Kintu

  Expected Repayments Actual Repayments Comments
February 2009 $300.00 $300.00 Repayment Received
March 2009 $300.00 $300.00 Repayment Received
April 2009 $300.00 $300.00 Repayment Received
May 2009 $300.00 $300.00 Repayment Received