Tifu Mwondah


Status: Paying Back

$750.00   Loan Amount
91% repaid

About the Entrepreneur

Name: Tifu Mwondah
Location: Bugiri, Uganda
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $750.00
Loan Use: Buying groceries like tomatoes, cucumber, garlic, onions, and avocado in large quantities
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 25, 2008
Date Disbursed: Nov 17, 2008
Date Funded:Nov 27, 2008

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:2,000.1000 UGX = 1 USD



Thirty-eight years old and social, Tifu Mwondha is happily married with three school-age children. He sells foodstuffs & groceries like onions, tomatoes, Irish potatoes, rice, flour, garlic, green pepper, and eggplants on a retail basis in Bugiri market.



To compete favorably with his numerous competitors in the market, Tifu is using the loan to buy groceries in large quantities to meet the rising demands of his customers. Previously, Tifu was a well-known farmer who cultivated various cash crops in the area, and it is through selling his farm produce that he was able to raise some capital for his present business.



He hopes to become a prominent agricultural-based businessman some day. He desires to educate his children to the highest levels of education and strongly wants to attain financial sustainability so as to fully meet the needs of his family.



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Top Lending Teams for this entrepreneur


C.S.R.
Clubs
28 Members

COUPONGOOD.ORG
Common Interest
4 Members

The Wetherby School
Schools
1 Member

Journal entries for Tifu Mwondah


Loan has been disbursed
 
Entrepreneur: Tifu Mwondah
Location: Bugiri, Uganda

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


Posted by from Bugiri, Uganda
Nov 28, 2008
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Kiva Help Repayment Schedule for Tifu Mwondah

  Expected Repayments Actual Repayments Comments
February 2009 $62.50 $62.50 Repayment Received
March 2009 $62.50 $62.50 Repayment Received
April 2009 $62.50 $62.50 Repayment Received
May 2009 $62.50 $62.50 Repayment Received
June 2009 $62.50 $62.50 Repayment Received
July 2009 $62.50 $62.50 Repayment Received
August 2009 $62.50 $62.50 Repayment Received
September 2009 $62.50 $62.50 Repayment Received
October 2009 $62.50 $62.50 Repayment Received
November 2009 $62.50 $62.50 Repayment Received
December 2009 $62.50 $62.50 Repayment Received
January 2010 $62.50 Available Jan 1