Nuria Adan


Status: Paying Back

$675.00   Loan Amount
6% repaid

About the Entrepreneur

Name: Nuria Adan
Location: Embakasi Nairobi, Kenya
Activity: Clothing Sales

About the Loan

Loan Amount: $675.00
Loan Use: Increase inventory
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 7, 2009
Date Disbursed: Sep 11, 2009
Date Funded:Oct 19, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:74.8500 KES = 1 USD



Nuria is a Nairobi-based businesswoman who operates a boutique as well as rental units in Embakasi. She has been running this business for the last seven years after leaving employment where she worked as a teacher. She is requesting a loan of Kes. 50,000 to add to her inventory of clothes. A 45-year-old mother of two, Nuria hopes to start importing clothes directly and on a personal level to establish a stable family. She describes herself as hardworking and determined.

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

Amy & Montie
Mill Valley, CA
United States

Kay
Columbia, MD KivaFriends.org
United States

Laurent D
Brussels,
Belgium

Pamoja.org
Vancouver, BC
Canada

Barrie Medical Clinic
Barrie, Ontario
Canada

Bellarmine Chapel
Cincinnati, OH
United States

Christine
Yarra Junction, Victoria
Australia

Lorna
San Francisco, CA
United States

Eric-Alice
St. Catharines, Ontario
Canada

David
Dulles, VA
Poland

St. Raphaels
toms river, NJ
United States

Riemke
Enschede,
Netherlands

David
Dägerlen,
Switzerland

Niels
Copenhagen Ø,
Denmark

Anonymous

Canada



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Journal entries for Nuria Adan


Loan has been disbursed
 
Entrepreneur: Nuria Adan
Location: Embakasi Nairobi, Kenya

Thank you for your loan. It has been disbursed to Nuria Adan by Faulu Kenya in Kenya. We are excited to watch this business grow. Over the 12 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 20, 2009
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Kiva Help Repayment Schedule for Nuria Adan

  Expected Repayments Actual Repayments Comments
December 2009 $38.94 $42.19 Repayment Received
January 2010 $51.93 Available Jan 1  
February 2010 $51.92 Available Feb 1  
March 2010 $64.90 Available Mar 1  
April 2010 $51.93 Available Apr 1  
May 2010 $51.92 Available May 1  
June 2010 $64.90 Available Jun 1  
July 2010 $51.93 Available Jul 1  
August 2010 $51.92 Available Aug 1  
September 2010 $64.90 Available Sep 1  
October 2010 $51.93 Available Oct 1  
November 2010 $51.92 Available Nov 1  
December 2010 $25.96 Available Dec 1