Petronilla Shivachi


Status: Ended with Loss - Defaulted

$500.00   Loan Request
$280.00   Paid Back

About the Entrepreneur

Name: Petronilla Shivachi
Location: Eregi, Kenya
Activity: Grocery Store

About the Loan

Loan Amount: $500.00
Loan Use: Improve stocks and sell mobile telephone time to villagers
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Nov 15, 2005
Date Disbursed: Apr 13, 2005
Date Funded:Mar 30, 2005
Loan Ended:Aug 20, 2007

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:United States Dollars (USD)



This description is written by Rowland Amulyoto, a staff member of Village Enterprise Fund who will be representing this business.



Petronilla, 30, was deserted by her husband and now is responsible for upbringing their two children Laura and Kevo without any child support. Her parents died leaving her twin sister and her long ago. A good samaritan could only take them to high school and that is as far as he would go. The two girl twins lost their father's land to neighbors -- girls could not be allowed to inherit the land! They, due to lack of school fees, did not go to college, but rather married early. But all this is behind her. It does not feature in her business struggles.



Betty, as she is called by her customers, demonstrates a customer-minded business lady. She is the most admirable business person in the grocery business in the village. She started with meager resources , has been assisted by VEF-sponsored businesses and women group table banking businesses.



The current capital in her business is Ksh 75,000 or $1000. She can increase her profitablility by improving her stock and creating a new product line in selling air time. Betty is a sure bet for creation of a mini super market given more funds.

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Lenders to this entrepreneur

Anonymous
Hünenberg,
Switzerland

Jill
Champaign, IL
United States

Andrew
FT LAUDERDALE, FL
United States

Chelsa
San Francisco, CA
United States

Nancy
Seattle, WA
United States

mole333
Brooklyn, NY
United States



Top Lending Teams for this entrepreneur

Journal entries for Petronilla Shivachi


Funds Disbursement
 
Entrepreneur: Petronilla Shivachi
Location: Eregi, Kenya

It was a joyful day on 2nd Jan 2006 when Petronilla received the loan money of $500. She shared the joy with her children who she hugged passionately after receiving the money. She has since increased more product lines at her provision store. Mobile phone cards are now available in the village of Eregi. She is also now selling cold soda.

Rowland Amulyoto- Kiva Director Kenya


Posted by Rowland Amulyoto from Eregi, Kenya
Jan 7, 2006
Comments (2)

70 new customers in 4 days
 
Entrepreneur: Petronilla Shivachi
Location: Eregi, Kenya

Lakev groceries has witnessed an influx of new customers in the last 4 days. According to Petronilla who just explodes with smiles at this delight, this is as a result of the new Mobile phone air time cards she has introduced using the KIVA loan. She says she is determined to be the best woman business person in the district. Given the influx of new customers, Betty, as she is called locally, is certain to turn in her first instalment repayment on time. She thanks KIVA for the help and hopes that God will help the lender even more.

Rowland Amulyoto- Kiva Director- Kenya


Posted by Rowland Amulyoto from Eregi, Kenya
Jan 9, 2006
Comments (3)

Selling Beans and Maize seed
 
Entrepreneur: Petronilla Shivachi
Location: Eregi, Kenya

Betty has reason to smile after she re-invested her profits in a new product line, maize and beans seed. She did this to take advantage of the rain season which has set in. She has already finished her stock and made the buck. Betty says she is keen to complete repayment of the kiva loan as soon as possible, and possible apply for more. She wishes that one day she will get a photograph of her sponsor.

Rowland Amulyoto- Kiva Director Kenya


Posted by Rowland Amulyoto from Eregi, Kenya
Mar 23, 2006
Comments (2)

New Shop
 
Entrepreneur: Petronilla Shivachi
Location: Eregi, Kenya

Petronilla has finally leased another premise where she has opened her branch in a small market called Makhokho. For the past three months her sales have been good necessiting her to go for re-stocking every Tuesday. She is up beat that this place will be equally profitable.

She has also invested in a new line of farm produce and is currently storing at her house as she waits foir the prices to go up.

Rowland Amulyoto


Posted by Rowland Amulyoto from Eregi, Kenya
Oct 2, 2006
Comments (1)

New Hotel Business started
 
Entrepreneur: Petronilla Shivachi
Location: Eregi, Kenya

on June 25, I visited Petronilla Shivachi. Petronilla has now three businesses, thanks to the Kiva loan of $500. She has two grocery shops and has started a new business premise- Lakev Hotel.

Petronilla hopes to tap into the student population at a tertiary college at Sigalagala by making good food at an affordable price. She also will be opening late to give her a competitive advantage.

Petronilla has promised to pay back the full balance of her loan by week one of July 2007. Her expansion program prevented her from masking an early clearance as she had to fund her operations to start the new business.

Rowland Amulyoto


Posted by Rowland Amulyoto from Eregi, Kenya
Jun 26, 2007
Comments (6)

Kiva Help Repayment Schedule for Petronilla Shivachi

  Expected Repayments Actual Repayments Comments
April 2006 $0.00 $40.00  
May 2006 $0.00 $80.00  
July 2006 $0.00 $80.00  
December 2006 $0.00 $80.00  
May 2007 $0.00 $0.00