Patrick Waita
Status: Paying Back
| $800.00 | Loan Amount |
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8% repaid
About the Entrepreneur
| Name: | Patrick Waita |
|---|---|
| Location: | Mukuru Nairobi, Kenya |
| Activity: | Food Market |
About the Loan
| Loan Amount: | $800.00 |
|---|---|
| Loan Use: | To add to his stock |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 7, 2009 |
| Date Disbursed: | Sep 2, 2009 |
| Date Funded: | Sep 9, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Faulu Kenya |
|---|---|
| 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 |
|---|---|
| Avg Annual Income: | $1,445.00 |
| Currency: | Kenya Shillings (KES) |
| Exchange Rate: | 75.9800 KES = 1 USD |
Patrick is 35 years old and a father of four who lives and operates his food kiosk business in Mukuru, Nairobi, Kenya.
Patrick has requested a loan of Ksh 60,000 in order to add to his stock of maize flour, wheat flour, oil and beans. He has been in this business for the last five years.
Patrick hopes to own a hotel in Nairobi one day and to make a good foundation for his family. He describes himself as diligent and faithful.
About Faulu Kenya:
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.
Patrick has requested a loan of Ksh 60,000 in order to add to his stock of maize flour, wheat flour, oil and beans. He has been in this business for the last five years.
Patrick hopes to own a hotel in Nairobi one day and to make a good foundation for his family. He describes himself as diligent and faithful.
About Faulu Kenya:
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 Patrick Waita
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Loan has been disbursed
Location: Mukuru Nairobi, Kenya
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Posted by
from Mukuru Nairobi, Kenya
Sep 10, 2009 |
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Comment on this entry
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Repayment Schedule for Patrick Waita
Repayment Schedule for Patrick Waita
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $61.54 | $66.67 |  Repayment Received
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| January 2010 | $61.54 | Available Jan 1 | |||
| February 2010 | $76.92 | Available Feb 1 | |||
| March 2010 | $61.54 | Available Mar 1 | |||
| April 2010 | $61.54 | Available Apr 1 | |||
| May 2010 | $76.92 | Available May 1 | |||
| June 2010 | $61.54 | Available Jun 1 | |||
| July 2010 | $61.54 | Available Jul 1 | |||
| August 2010 | $76.92 | Available Aug 1 | |||
| September 2010 | $61.54 | Available Sep 1 | |||
| October 2010 | $61.54 | Available Oct 1 | |||
| November 2010 | $76.92 | Available Nov 1 | |||
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