Nancy Wanjiku Njuguna

Status: Ended with Loss - Defaulted

$300.00		Loan Request
$90.00		Paid Back

About the Entrepreneur

Name:	Nancy Wanjiku Njuguna
Location:	Thika Town, Kenya
Activity:	Farming

About the Loan

Loan Amount:	$300.00
Loan Use:	Nancy would like to buy food stuff i.e. maize, beans and green vegetables for her shop
Repayment Term:	13 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	May 30, 2007
Date Disbursed:	Jun 14, 2007
Date Funded:	May 31, 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)

Nancy was born 38 years ago. She is married with 2 children. She is a dedicated mother of St. Lukes ACK Church and a choir member. She is an active member of Wendani Sisters and the treasurer of the group. After finishing high school, she was able to set up a small grocery shop. She is very hardworking and very determined to succeed in life and educate her children through her shop business. She has quality products and has gathered many customers but her sales are limited by too little stock. She also sells tea, dairy and vegetables from her farm where she grows arrow roots, beans, maize and green vegetables. She also owns one dairy cow, which provides her with five litres of milk daily. Her business has been helped a lot by small WEEC loans. She has applied a loan of $300, which she intends to use to buy extra maize, beans and green vegetables. She has a good record of repayment and has promised to repay her loan within a span of one year.

Lenders to this entrepreneur

Kelly
Las Vegas, NV
United States

InnerSelf.com
Altamonte Springs, FL
United States

jeff
Paris,
France

Cheryl A.
Harper woods, MI
United States

Studio 7 Designs Inc
Victoria, BC
Canada

Sharon
FRESNO, CA
United States

Top Lending Teams for this entrepreneur

InnerSelf.com
Common Interest
12 Members

Journal entries for Nancy Wanjiku Njuguna

Loan has been disbursed Entrepreneur: Nancy Wanjiku Njuguna Location: Thika Town, Kenya Thank you for your loan. It has been disbursed to Nancy Wanjiku Njuguna 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 Thika Town, Kenya Jun 14, 2007
Comment on this entry

WEEC loan default Entrepreneur: Nancy Wanjiku Njuguna Location: Thika Town, 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 Thika Town, Kenya Jun 5, 2008
Comments (82)

Repayment Schedule for Nancy Wanjiku Njuguna

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	Expected Repayments	Actual Repayments	Comments
September 2007	$30.00	$30.00	Repayment Received
October 2007	$30.00	$30.00	Repayment Received
November 2007	$30.00	$30.00	Repayment Received
December 2007	$30.00	$0.00	Delinquent
January 2008	$30.00	$0.00	Delinquent
February 2008	$30.00	$0.00	Delinquent
March 2008	$30.00	$0.00	Delinquent
April 2008	$30.00	$0.00	Delinquent
May 2008	$30.00	$0.00	Delinquent
June 2008	$30.00	$0.00	Delinquent