Gabriel Otieno
Status: Paying Back
| $275.00 | Loan Amount |
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46% repaid
About the Entrepreneur
| Name: | Gabriel Otieno |
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| Location: | Nairobi, Kenya |
| Activity: | Furniture Making |
About the Loan
| Loan Amount: | $275.00 |
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| Loan Use: | Add stock of timber |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Aug 25, 2009 |
| Date Disbursed: | Aug 24, 2009 |
| Date Funded: | Aug 25, 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: | 283 |
| Total Loans: | $126,550 |
| 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: | 76.2500 KES = 1 USD |
Gabriel is a thirty five year old father of two. He has been running a carpentry business in Nairobi for the past fifteen years. He has requested for his first loan of Ksh. 20,000 in order to purchase more timber. He hopes to have a branch in another location to generate enough income that will enable him to educate his children and start a business for his wife. He describes himself as friendly and loving.
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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Journal entries for Gabriel Otieno
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Loan has been disbursed
Location: Nairobi, Kenya
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Posted by
from Nairobi, Kenya
Aug 26, 2009 |
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Comment on this entry
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Repayment Schedule for Gabriel Otieno
Repayment Schedule for Gabriel Otieno
| Expected Repayments | Actual Repayments | Comments | |||
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| November 2009 | $10.58 | $85.22 |  Repayment Received
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| December 2009 | $42.30 | $42.30 | Repayment Received
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| January 2010 | $52.89 | Available Jan 1 | Repayment Received
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| February 2010 | $42.31 | Available Feb 1 | |||
| March 2010 | $42.30 | Available Mar 1 | |||
| April 2010 | $42.31 | Available Apr 1 | |||
| May 2010 | $42.31 | Available May 1 | |||
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