Esther Wahu Mungai

Status: Ended with Loss - Defaulted

$900.00		Loan Request
$0.00		Paid Back

About the Entrepreneur

Name:	Esther Wahu Mungai
Location:	Kiambu, Kenya
Activity:	Grocery Store

About the Loan

Loan Amount:	$900.00
Loan Use:	Buy a variety of vegetables and fruits and expand the business premises.
Repayment Term:	13 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	Jun 18, 2007
Date Disbursed:	Jul 2, 2007
Date Funded:	Jun 18, 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 Wahu Mungai was born in 1976 at Ndumberi, Kiambu. She is married with two children; the first-born is in Mungai Chengecha primary school while the other is a toddler. Esther is a religious person and a member of Kanunga Catholic Church Women Association. Her parents were poor and could not afford to take her to the secondary school immediately after her primary school education.

Esther opened a green grocer at Waguthu trading centre. She joined Morning Sunshine women's group in December, 2003 and was among the first women in Kiambu to register with WEEC. She is now able to raise and educate her child from income earned from dairy farming and her green grocer business.

Since 2003, Esther has serviced seven small loans which have boosted her business very much. Esther now intends to improve her green grocer by purchasing a variety of vegetables and fruits in bulk and also expand the business premises. Therefore, she has applied for a loan of $900, which will make this a reality.

Lenders to this entrepreneur

Dario
Princeton, NJ
United States

Harald
Asker, Norway,
Norway

Grant
Enterprise, AL
United States

Adeline
Waverton, New South Wales
Australia

Colin G. Haviland
Minneapolis, MN
United States

N. Kenyatta Gray

United States

Anonymous
Cheticamp, Nova Scotia
Canada

Daniel
Rowayton, Ct
United States

Thierry
Toulouse,
France

Kay
Columbia, MD KivaFriends.org
United States

david
beverly hills, CA
United States

Leslie
Toronto, Ontario
Canada

Journal entries for Esther Wahu Mungai

Loan has been disbursed Entrepreneur: Esther Wahu Mungai Location: Kiambu, Kenya Thank you for your loan. It has been disbursed to Esther Wahu Mungai by Women`s Economic Empowerment Consort in Kenya. We are excited to watch this business grow. Over the next 10 - 16 months, Women`s Economic Empowerment Consort will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Kiambu, Kenya Jul 2, 2007
Comments (2)

WEEC loan default Entrepreneur: Esther Wahu Mungai Location: Kiambu, 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 Kiambu, Kenya Jun 5, 2008
Comments (82)

Repayment Schedule for Esther Wahu Mungai

Show Advanced

	Expected Repayments	Actual Repayments	Comments
October 2007	$90.00	$0.00	Delinquent
November 2007	$90.00	$0.00	Delinquent
December 2007	$90.00	$0.00	Delinquent
January 2008	$90.00	$0.00	Delinquent
February 2008	$90.00	$0.00	Delinquent
March 2008	$90.00	$0.00	Delinquent
April 2008	$90.00	$0.00	Delinquent
May 2008	$90.00	$0.00	Delinquent
June 2008	$90.00	$0.00	Delinquent
July 2008	$90.00	$0.00	Delinquent