Moses Wainaina


Status: Refunded

$675.00   Loan Request

About the Entrepreneur

Name: Moses Wainaina
Location: City Centre, Kenya
Activity: Printing

About the Loan

Loan Amount: $675.00
Loan Use: To buy a photocopier and a computer
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 24, 2009
Date Disbursed: Aug 6, 2009
Date Funded:Jul 25, 2009
Refund Date:Oct 16, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:76.5500 KES = 1 USD



Moses operates a photocopy and printing business. He runs this business in a tiny store in the central business district area. He has been operating this business for the past four years. His major challenge is lack of capital. He is now requesting a loan of Kshs. 50,000 to buy a photocopy machine and a computer. His dream is to start a printing firm.

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Journal entries for Moses Wainaina


Loan has been disbursed
 
Entrepreneur: Moses Wainaina
Location: City Centre, Kenya

Thank you for your loan. It has been disbursed to Moses Wainaina by Small and Micro Enterprise Programme (SMEP) in Kenya. We are excited to watch this business grow. Over the 12 months of this loan, Small and Micro Enterprise Programme (SMEP) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from City Centre, Kenya
Aug 6, 2009
Comment on this entry

Loan Refunded
 
Entrepreneur: Moses Wainaina
Location: City Centre, Kenya

This loan has been refunded for the following reason:

This loan was made to an entrepreneur at a new Field Partner. When Field Partners start on Kiva, they often have trouble with posting. This particular loan was a part of a bunch of loans that were incorrectly posted to the website.

In Kiva's never-ending drive for transparency and accuracy on it's website, we have decided with the field partner that the best course of action is a refund.

We hope that you will consider making loans to this field partner again as they work to learn the system and become a great partner to Kiva!

http://www.kiva.org/app.php?page=businesses&queryString=SMEP&status=fundRaising&gender=All§ors[]=All®ions[]=All&sortBy=Popularity

Thanks for lending!


Posted by Stephanie Koczela, Kiva Staff, from San Francisco, United States
Oct 16, 2009
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Kiva Help Repayment Schedule for Moses Wainaina

  Expected Repayments Actual Repayments Comments
October 2009 $25.96 $25.96 Repayment Received
November 2009 $51.92 $51.92 Repayment Received
December 2009 $64.91 Available Dec 1  
January 2010 $51.92 Available Jan 1  
February 2010 $64.91 Available Feb 1  
March 2010 $51.92 Available Mar 1  
April 2010 $51.92 Available Apr 1  
May 2010 $51.93 Available May 1  
June 2010 $64.90 Available Jun 1  
July 2010 $51.92 Available Jul 1  
August 2010 $51.93 Available Aug 1  
September 2010 $64.90 Available Sep 1  
October 2010 $25.96 Available Oct 1