John Maina
Status: Paying Back
| $275.00 | Loan Amount |
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26% repaid
About the Entrepreneur
| Name: | John Maina |
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| Location: | Gikomba Market Nairobi, Kenya |
| Activity: | Shoe Sales |
About the Loan
| Loan Amount: | $275.00 |
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| Loan Use: | Add stock of shoes |
| Repayment Term: | 15 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Aug 21, 2009 |
| Date Disbursed: | Aug 25, 2009 |
| Date Funded: | Aug 21, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Faulu Kenya |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 4 months |
| Kiva Entrepreneurs: | 275 |
| Total Loans: | $123,125 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Kenya |
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| Avg Annual Income: | $1,445.00 |
| Currency: | Kenya Shillings (KES) |
| Exchange Rate: | 76.0497 KES = 1 USD |
John is a 25 year old new father who sells second-hand shoes in Gikomba market in Nairobi. He has been in this business for the past three years. John has requested his first loan of Ksh. 20,000 which will allow him to purchase shoes in bulk, thereby increasing his profits. One day, John hopes to become an importer, selling shoes to vendors like himself. He would also like to help his wife start her own business, and to buy a home for their growing family.
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.
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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Lenders to this entrepreneur
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Anonymous
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Julie
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Tobias
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lisa
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Kelly & Sean Adams
Doha,
PRIMEAU
COLCHESTER, VT
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John
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Journal entries for John Maina
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Loan has been disbursed
Location: Gikomba Market Nairobi, Kenya
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Posted by
from Gikomba Market Nairobi, Kenya
Aug 25, 2009 |
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Comment on this entry
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Repayment Schedule for John Maina
Repayment Schedule for John Maina
| Expected Repayments | Actual Repayments | Comments | |||
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| November 2009 | $5.29 | $12.50 |  Repayment Received
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| December 2009 | $21.15 | $59.83 | Repayment Received
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| January 2010 | $21.16 | Available Jan 1 | Repayment Received
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| February 2010 | $26.44 | Available Feb 1 | |||
| March 2010 | $21.15 | Available Mar 1 | |||
| April 2010 | $21.16 | Available Apr 1 | |||
| May 2010 | $26.44 | Available May 1 | |||
| June 2010 | $21.15 | Available Jun 1 | |||
| July 2010 | $21.16 | Available Jul 1 | |||
| August 2010 | $26.44 | Available Aug 1 | |||
| September 2010 | $21.16 | Available Sep 1 | |||
| October 2010 | $26.44 | Available Oct 1 | |||
| November 2010 | $15.86 | Available Nov 1 | |||
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