Beatrice Mwatu


Status: Paying Back

$275.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Beatrice Mwatu
Location: Machakos, Kenya
Activity: Shoe Sales

About the Loan

Loan Amount: $275.00
Loan Use: To buy more shoes to sell.
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 9, 2009
Date Disbursed: Sep 30, 2009
Date Funded:Oct 9, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:74.7600 KES = 1 USD



Beatrice is a 36 year old businesswoman and the mother of three girls. She sells ladies shoes and slippers in Machakos, a busy market town near Nairobi. She has been in this business for ten years and hopes to expand it into a wholesale business, that will generate a profit. She is requesting a loan of Kes. 20,000 to buy more ladies shoes, slippers, and rubber shoes. She describes herself as hardworking and dreams of becoming a successful distributor.

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

Anonymous
Espoo,
Finland

Bobbu
Washington, DC
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Laurent D
Brussels,
Belgium

Patrick
Plymouth, MI
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Alpha Lambda Omega
Charlotte, NC
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Ali
Englewood, CO
United States

Success Solved.com
Las Vegas, Nevada
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Top Lending Teams for this entrepreneur


Alpha Lambda Omega
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Journal entries for Beatrice Mwatu


Loan has been disbursed
 
Entrepreneur: Beatrice Mwatu
Location: Machakos, Kenya

Thank you for your loan. It has been disbursed to Beatrice Mwatu 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 Machakos, Kenya
Oct 10, 2009
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Kiva Help Repayment Schedule for Beatrice Mwatu

  Expected Repayments Actual Repayments Comments
January 2010 $21.15 Available Jan 1  
February 2010 $26.45 Available Feb 1  
March 2010 $21.15 Available Mar 1  
April 2010 $21.15 Available Apr 1  
May 2010 $26.45 Available May 1  
June 2010 $21.15 Available Jun 1  
July 2010 $21.16 Available Jul 1  
August 2010 $26.44 Available Aug 1  
September 2010 $21.15 Available Sep 1  
October 2010 $21.16 Available Oct 1  
November 2010 $26.44 Available Nov 1  
December 2010 $21.15 Available Dec 1