Esther Wanjiru Karanja

Status: Ended with Loss - Defaulted

$150.00		Loan Request
$58.00		Paid Back

About the Entrepreneur

Name:	Esther Wanjiru Karanja
Location:	Ongata Rongai, Kenya
Activity:	Clothing Sales

About the Loan

Loan Amount:	$150.00
Loan Use:	Esther would like to set up a business of selling second-hand clothes
Repayment Term:	13 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	May 23, 2007
Date Disbursed:	Jun 7, 2007
Date Funded:	May 24, 2007

About the Field Partner

Field Partner:

Women`s Economic Empowerment Consort (WEEC)

Field Partner Risk Rating:

(Learn more)

Closed

44 months

1147

$472,185

N/A - No Paying Back Loans

Default Rate:

38.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Kenya
Avg Annual Income:	$1,445.00
Currency:	United States Dollars (USD)

Esther Wanjiru Karanja is 60 years old. She is mother of two children and also lives with her grandchild whom she takes care of. She is an active member of Wash women's group.

Esther lives in Kiserian and practises small-scale subsistence farming, growing maize, beans and potatoes. She sells her farm produce at the local Kiserian Market.

Esther has great interest in business. She was introduced to WEEC by a friend who had accessed a loan of USD300. After training Esther became interested in getting a loan. She has applied for a loan of $150 with which she intends to set up a second-hand clothing resale business among the Maasai people. Esther is willing to repay this loan within 10 months.

Lenders to this entrepreneur

Non Vintage Apparel
Perth, Australia
Australia

Chris, Kino, and Jennie
Clinton, NY
United States

Jay & Donna
Marietta, GA
United States

Journal entries for Esther Wanjiru Karanja

Loan has been disbursed Entrepreneur: Esther Wanjiru Karanja Location: Ongata Rongai, Kenya Thank you for your loan. It has been disbursed to Esther Wanjiru Karanja by Women`s Economic Empowerment Consort in Kenya. We are excited to watch this business grow. Over the next 10 - 18 months, Women`s Economic Empowerment Consort will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Ongata Rongai, Kenya Jun 7, 2007
Comment on this entry

WEEC loan default Entrepreneur: Esther Wanjiru Karanja Location: Ongata Rongai, Kenya Kiva recently notified you that your loan to the business or businesses above will not be repaid in full and is now considered defaulted. As a reminder, any amount of this loan that has been collected by Kiva is available to you as Kiva Credit. You can re-lend this Kiva Credit to another business, withdraw it or donate to Kiva on our website: www.kiva.org. Reason for default: All entrepreneur profiles on Kiva’s website are posted by local Field Partners. This particular business was posted by our Kenyan Field Partner, the Women’s Economic Empowerment Consort (WEEC). WEEC is currently experiencing significant operational difficulties that have caused all active WEEC loans to default. It is important to note that in many cases the entrepreneur repaid the loan to WEEC in full and did benefit from your loan. However, WEEC has experienced operational problems caused by a number of factors, including the unexpected death of WEEC’s founder and Executive Director, poor management of funds, and economic and political unrest in Kenya. Together, these factors produced a situation where Kiva is unable to get a 100% clear account of your specific loan and recover your full loan amount from WEEC. To learn more, please visit: www.kiva.org/about/aboutPartner?id=6 We hope you realize that this outcome is an exception to the norm when lending at Kiva and that you’ll give lending another chance. If you have any questions, please let us know and thanks again for your ongoing support. Sincerely, Shelby Clark Kiva Staff
Posted by Shelby Clark from Ongata Rongai, Kenya Jun 5, 2008
Comments (82)

Repayment Schedule for Esther Wanjiru Karanja

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	Expected Repayments	Actual Repayments	Comments
September 2007	$15.00	$15.00	Repayment Received
October 2007	$15.00	$15.00	Repayment Received
November 2007	$15.00	$0.00	Repayment Received
December 2007	$15.00	$28.00	Delinquent
January 2008	$15.00	$0.00	Delinquent
February 2008	$15.00	$0.00	Delinquent
March 2008	$15.00	$0.00	Delinquent
April 2008	$15.00	$0.00	Delinquent
May 2008	$15.00	$0.00	Delinquent
June 2008	$15.00	$0.00	Delinquent