Titus Mwanza
Status: Paying Back
| $675.00 | Loan Amount |
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2% repaid
About the Entrepreneur
| Name: | Titus Mwanza |
|---|---|
| Location: | Machakos, Kenya |
| Activity: | Blacksmith |
About the Loan
| Loan Amount: | $675.00 |
|---|---|
| Loan Use: | Add stock of raw materials |
| Repayment Term: | 15 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 30, 2009 |
| Date Disbursed: | Sep 23, 2009 |
| Date Funded: | Sep 30, 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: | 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 |
|---|---|
| Avg Annual Income: | $1,445.00 |
| Currency: | Kenya Shillings (KES) |
| Exchange Rate: | 75.1000 KES = 1 USD |
Titus is a 46 year old black smith who lives and operates his business in Machakos, Kenya. He previously sold shoes before beginning this business thirty years ago. He is requesting for a loan of Kes. 50,000 to enable him add stock of raw materials. He hopes to diversify into farming through irrigation in order to uplift his living standards. He hopes to dig a borehole for irrigation soon. He describes himself as hardworking.
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.
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 Titus Mwanza
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Loan has been disbursed
Location: Machakos, Kenya
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Posted by
from Machakos, Kenya
Oct 1, 2009 |
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Comment on this entry
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Repayment Schedule for Titus Mwanza
Repayment Schedule for Titus Mwanza
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $12.98 | $14.06 |  Repayment Received
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| 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 | $64.91 | Available May 1 | |||
| June 2010 | $51.92 | Available Jun 1 | |||
| July 2010 | $51.92 | Available Jul 1 | |||
| August 2010 | $64.91 | Available Aug 1 | |||
| September 2010 | $51.92 | Available Sep 1 | |||
| October 2010 | $51.92 | Available Oct 1 | |||
| November 2010 | $64.91 | Available Nov 1 | |||
| December 2010 | $38.94 | Available Dec 1 | |||
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