Rose Akina


Status: Paying Back

$400.00   Loan Amount
36% repaid

About the Entrepreneur

Name: Rose Akina
Location: Rongo, Kenya
Activity: Fish Selling

About the Loan

Loan Amount: $400.00
Loan Use: To buy more fish to sell
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 1, 2009
Date Disbursed: Jun 25, 2009
Date Funded:Jul 1, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:77.0000 KES = 1 USD



With 20 years of experience, Rose is looked up to in her community as a model businesswoman. She runs three businesses simultaneously—buying and selling fish from Lake Victoria, making bricks on her property, and selling firewood.

Her primary activity is as a fishmonger, and she takes the bus to the town of Miaro Bay where she procures her talapia (a native fish from Lake Victoria) from the fisherman there. She buys the fish for 200 shillings and can sell them for 400 shillings in the towns of Kisii, Rongo, and Riosiri. At her home, she employs four people to make bricks in addition to this primary business. Finally, to further supplement her income, she gathers firewood and sells it in bundles.

Rose is the mother of three children, aged 25, 15, and 10 years. With her loan proceeds, she would like to buy more fish to jump-start her primary business.


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Lenders to this entrepreneur

Joel
Kisumu,
Kenya

Laurent D
Brussels,
Belgium

Christina
G,
Germany

Thomas
Kansas City, MO
United States

Liz
Calabasas, California
United States

Jim Harper
Albuquerque, NM
United States

Aimee
Tulsa, OK

Tomas K
Lidingo,
Sweden

Anonymous

silnore
Lapu-Lapu, Cebu
Philippines

Timothy
Cranberry Township, PA
United States

Andrew Hansen
Toronto, Ontario
Canada



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Journal entries for Rose Akina


Loan has been disbursed
 
Entrepreneur: Rose Akina
Location: Rongo, Kenya

Thank you for your loan. It has been disbursed to Rose Akina 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 Rongo, Kenya
Jul 2, 2009
Comment on this entry

Kiva Field Update - Message from Kiva Fellow in Kenya
 
Entrepreneur: Rose Akina
Location: Rongo, 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)

Kiva Help Repayment Schedule for Rose Akina

  Expected Repayments Actual Repayments Comments
September 2009 $36.36 $36.36 Repayment Received
October 2009 $36.36 $36.36 Repayment Received
November 2009 $36.36 $36.36 Repayment Received
December 2009 $36.36 $36.36 Repayment Received
January 2010 $36.36 Available Jan 1  
February 2010 $36.36 Available Feb 1  
March 2010 $36.36 Available Mar 1  
April 2010 $36.36 Available Apr 1  
May 2010 $36.36 Available May 1  
June 2010 $36.36 Available Jun 1  
July 2010 $36.40 Available Jul 1