Anastancia Nyabeta


Status: Refunded

$525.00   Loan Request

About the Entrepreneur

Name: Anastancia Nyabeta
Location: Nairobi, Kenya
Activity: Fuel/Firewood

About the Loan

Loan Amount: $525.00
Loan Use: Stock for new location
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 18, 2009
Date Disbursed: Aug 5, 2009
Date Funded:Jul 19, 2009
Refund Date:Sep 24, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:77.1000 KES = 1 USD



Anastancia is a 45-year-old mother of four children who owns a kerosene pump in Mukuru slum in Nairobi. Previously, Anastancia owned a clothing store in Njoro in Western Kenya, but her home and business were destroyed during tribal clashes. Anastancia was forced to relocate to Nairobi with her children, leaving her husband behind, and she started her business in Mukuru.

Anastancia has requested her first loan of Ksh. 40,000 to open a retail shop in another location. She also aspires to operate a wholesale business, own rental units, and learn to do dairy farming. On a personal level, Anastancia hopes to be reunited with her husband, and to support her children until they are self-reliant. She describes herself as determined and self-respecting.




About Faulu: Faulu Kenya aims to empower Kenyans by providing relevant financial solutions. Faulu is a sustainable and profitable microfinance institution that offers savings and credit services to over 225,000 Kenyans. Faulu recently became the first MFI in Kenya to be licensed as a Deposit Taking Micro-Finance Company, which will enable Faulu to better serve its clients.






Important Information About This Loan
Faulu Kenya aims to empower Kenyans by providing relevant financial solutions. Faulu is a sustainable and profitable microfinance institution that offers savings and credit services to over 225,000 Kenyans. Faulu recently became the first MFI in Kenya to be licensed as a Deposit-Taking Micro-Finance Company, which will enable Faulu to better serve its clients.

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Journal entries for Anastancia Nyabeta


Loan has been disbursed
 
Entrepreneur: Anastancia Nyabeta
Location: Nairobi, Kenya

Thank you for your loan. It has been disbursed to Anastancia Nyabeta by Faulu Kenya in Kenya. We are excited to watch this business grow. Over the 12 months of this loan, Faulu Kenya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Nairobi, Kenya
Aug 5, 2009
Comment on this entry

Loan Refunded
 
Entrepreneur: Anastancia Nyabeta
Location: Nairobi, Kenya

This loan has been refunded for the following reason:

This loan was posted to Kiva prior to the client receiving the loan. After posting, the organization was not able to disburse the loan in a timely fashion. The loan is still pending and may be posted again to Kiva at a later time.


Posted by Stephanie Koczela, Kiva Staff, from San Francisco, United States
Sep 24, 2009
Comment on this entry

Kiva Help Repayment Schedule for Anastancia Nyabeta

  Expected Repayments Actual Repayments Comments
November 2009 $40.40 $0.00  
December 2009 $40.40 Available Dec 1  
January 2010 $40.40 Available Jan 1  
February 2010 $50.50 Available Feb 1  
March 2010 $40.40 Available Mar 1  
April 2010 $40.40 Available Apr 1  
May 2010 $50.50 Available May 1  
June 2010 $40.40 Available Jun 1  
July 2010 $40.40 Available Jul 1  
August 2010 $50.50 Available Aug 1  
September 2010 $40.40 Available Sep 1  
October 2010 $40.40 Available Oct 1  
November 2010 $9.90 Available Nov 1