Maureen Akoth


Status: Paying Back

$400.00   Loan Amount
52% repaid

About the Entrepreneur

Name: Maureen Akoth
Location: Kisumu, Kenya
Activity: Beauty Salon

About the Loan

Loan Amount: $400.00
Loan Use: Hair dryers, hair chemicals
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 1, 2009
Date Disbursed: Apr 14, 2009
Date Funded:May 2, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:79.7519 KES = 1 USD



Maureen Akoth is a 29-year-old mother of three children, ages 16, 12, and 7. She is married to a driver. Maureen runs a salon where she cuts both men and women’s hair. She says she has been running the business for 19 years (since she was 10). Maureen says she is very talented and that in good months, like December, she will see lots of customers. Now, due to the loss of purchasing power, Maureen says she is only seeing one or two customers a day. She is asking for 30,000 KSH to purchase hair dryers and chemicals for her business.

Maureen recently joined the K-MET volunteer Community Health Worker (CHW) group in Kisumu, Kenya. As a CHW she will be trained by K-MET and will begin visiting members of her community who are sick with a variety of illnesses. Her work will include distributing Nutriflour (a vitamin enriched flour produced by K-MET) to malnourished patients, providing reproductive health education, referring patients to local clinics and hospitals, and providing basic health care.


Subscribe

Lenders to this entrepreneur

neddotcom
worldwide, OR
United States

Laurent D
Brussels,
Belgium

Constance
Brooklyn, NY
United States

Adolf
Clinton, TN
United States

Allan
Melbourne, Vic
Australia

Genevieve and Matt
Davis, CA
United States

Gladys
Le Gosier, Guadeloupe, French West Indies
Guadeloupe

Gumball Capital
Stanford, CA
United States

Frank
Frankfurt,
Germany

HKQuant
Hong Kong, Central
Hong Kong

Pretty Camels
Rio Rancho, NM
United States

Christian
Mannheim, BaWü
Germany

Fiona
Leeton, New South Wales
Australia

Stamatis
Komotini,
Greece

Michael
Madison, WI
United States



Top Lending Teams for this entrepreneur


FlyerTalkers
Common Interest
99 Members

Hong Kong
Local Area
53 Members

Colbert Nation
Friends
169 Members

Belgium
Local Area
236 Members

Journal entries for Maureen Akoth


Loan has been disbursed
 
Entrepreneur: Maureen Akoth
Location: Kisumu, Kenya

Thank you for your loan. It has been disbursed to Maureen Akoth by Kisumu Medical & Education Trust (K-MET) in Kenya. We are excited to watch this business grow. Over the 11 months of this loan, Kisumu Medical & Education Trust (K-MET) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kisumu, Kenya
May 3, 2009
Comment on this entry

Kiva Field Update - Message from Kiva Fellow in Kenya
 
Entrepreneur: Maureen Akoth
Location: Kisumu, Kenya

Greetings from Kenya!

I’m Alison Carlman, a Kiva Fellow working with K-MET in Kisumu. You’re receiving this e-mail because you contributed to a loan for one of K-MET’s borrowers on Kiva. Thank you for supporting these inspiring business people. I wanted to give you an update about what many of them are doing!

Most of K-MET’s borrowers are volunteers promoting health and education in their communities. This means that not only are they micro-entrepreneurs (selling vegetables, doing tailoring, or running some other business in town), but they also regularly take time out of their working day to visit orphans, children, widows, and other sick or vulnerable people in their community. They work with K-MET supervisors to refer malnourished children and ill patients to the outpatient clinic or to the hospital. They also make sure that caregivers have the right information about how to care for their families and neighbors.

The community health care workers (mostly women) form a corps of empowered volunteers who are changing their communities from the ground up; many of them live on less than $1 a day. Earlier this week, a woman told me that she’d like Kiva lenders to know that “we visit the sick. We take care of the sick. At times, the sick will not have anything, and we are forced to give money from our own pockets so that they can eat.” This is truly a group of people who are sharing their small amount of resources with each other to serve more than 4,000 at-risk people in Kisumu.

I’d like you to see this short video demonstrating the work that community health workers do and the conditions in which they work and live. The first shot is of Alice, a Kiva borrower and tailor in the Nyalenda slum of Kisumu. She is pictured at her sewing and embroidery stall. I followed her as she and her K-MET supervisor, Beatrice, visited some of Alice’s patients in the community. I hope that by seeing and hearing the story of Alice you are as inspired as I am by the work that K-MET’s Kiva borrowers are doing!

Thanks again for your support of K-MET and Kiva entrepreneurs. Please consider joining the K-MET Fans Lending Team to continue following this field partner.

Kiva Love,

Alison Carlman

KF8, K-MET Kisumu, Kenya


Posted by Zack Turner, Kiva Staff, from San Francisco, United States
Sep 10, 2009
Comments (5)

Journal Update.
 
Entrepreneur: Maureen Akoth
Location: Kisumu, Kenya

Maurine Akoth runs a second hand clothes business in the neighborhood of Nyamasaria, Kisumu; Kenya. She is married, a mother of 3 sons and the guardian of her siblings. She is also a saloonist (hairdresser).

This is Maurine’s first loan and she used it to expand her clothing stock and kept part of it as savings just in case of an emergency. She says the business is doing well; she can afford a better living standard than earlier before the loan and because of profits she has also managed to start a business dealing in used shoes.

Maurine’s future plan is to venture into the transportation business, especially the motorcycle one. So her dream is to own a motorcycle. She thanks kiva lenders and says she will include them in her prayers always.


Posted by John Asuke from Kisumu, Kenya
Nov 10, 2009
Comment on this entry

Kiva Help Repayment Schedule for Maureen Akoth

  Expected Repayments Actual Repayments Comments
July 2009 $39.20 $39.21 Repayment Received
August 2009 $39.20 $39.20 Repayment Received
September 2009 $31.36 $31.35 Repayment Received
October 2009 $31.36 $31.36 Repayment Received
November 2009 $39.20 $39.20 Repayment Received
December 2009 $31.36 $31.36 Repayment Received
January 2010 $31.36 Available Jan 1  
February 2010 $39.20 Available Feb 1  
March 2010 $31.36 Available Mar 1  
April 2010 $31.36 Available Apr 1  
May 2010 $39.20 Available May 1  
June 2010 $15.84 Available Jun 1