Joseph Nyanumba


Status: Paying Back

$275.00   Loan Amount
18% repaid

About the Entrepreneur

Name: Joseph Nyanumba
Location: Embakasi Nairobi, Kenya
Activity: Butcher Shop

About the Loan

Loan Amount: $275.00
Loan Use: To open a new branch.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 3, 2009
Date Disbursed: Sep 7, 2009
Date Funded:Oct 4, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:75.7000 KES = 1 USD



Joseph owns a butchery in the Pipeline area of Nairobi. A 35 year-old father of three, Joseph has been running his butchery for the last four years and hopes to increase his business to admirable levels. He is requesting a first loan of Kes. 20,000 in order to open the same business in a different location. He desires to raise an admirable family and describes himself as focused and reliable.


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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Lenders to this entrepreneur

Matthew
Washington, DC
United States

Sonal
Detroit, MI
United States

Linda
Edmonton, Alberta
Canada

Paul & Pam
Bismarck, ND
United States

Mark
Somerset, KY
United States

Jonathan
Redwood City, CA
United States

Kanyi
Plano, TX
United States

Lisa
Adelaide, South Australia
Australia



Top Lending Teams for this entrepreneur


Goons Without Borders
Common Interest
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Journal entries for Joseph Nyanumba


Loan has been disbursed
 
Entrepreneur: Joseph Nyanumba
Location: Embakasi Nairobi, Kenya

Thank you for your loan. It has been disbursed to Joseph Nyanumba by Faulu Kenya in Kenya. We are excited to watch this business grow. Over the 6 months of this loan, Faulu Kenya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Embakasi Nairobi, Kenya
Oct 5, 2009
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Kiva Help Repayment Schedule for Joseph Nyanumba

  Expected Repayments Actual Repayments Comments
December 2009 $31.73 $50.00 Repayment Received
January 2010 $52.89 Available Jan 1  
February 2010 $42.30 Available Feb 1  
March 2010 $42.31 Available Mar 1  
April 2010 $42.31 Available Apr 1  
May 2010 $52.88 Available May 1  
June 2010 $10.58 Available Jun 1