Oscar Lugalia

Thank you for your loan. It has been disbursed to Oscar Lugalia by SEED Development Group in Kenya. We are excited to watch this business grow. Over the next 6 - 9 months, SEED Development Group will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

The business(es) listed above was posted on Kiva's website by our Kenyan Field Partner, SEED Development Group. Our Field Partners are independent microfinance institutions that lend to the poor for poverty alleviation. The role of a Field Partner is to screen each entrepreneur, post his/her profile on the Kiva website, disburse the loan, and collect loan repayments.

During an audit of SEED, Kiva discovered that SEED was not providing entrepreneurs with the full amount of their loans raised on Kiva. This violates Kiva's policies, so we have terminated our partnership with SEED.

Following this discovery, there was a thorough investigation of the situation. Ultimately, SEED defaulted on its entire loan portfolio with Kiva, which means that no further funds are collectible. To learn more about this particular situation and what Kiva is doing to prevent this in the future, please visit:

http://www.kiva.org/about/aboutPartner?id=32

Any repayment notifications you may have received up until this point are available to you as Kiva Credit. Please visit Kiva to re-lend, withdraw or donate this credit to Kiva.

Please realize that our audit uncovered a true exception to the norm; the vast majority of our Field Partners administer your loans with the highest integrity. Kiva will continue to audit Field Partners to monitor the integrity of your loan and to make our website a model for transparency in international development.

Thank you for your understanding and support of Kiva.