Jane Kisai


Status: Ended with Loss - Defaulted

$375.00   Loan Request
$0.00   Paid Back

About the Entrepreneur

Name: Jane Kisai
Location: Kisamis, Kenya
Activity: Cattle

About the Loan

Loan Amount: $375.00
Loan Use: Jane Kisai would like to purchase two steers.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jul 21, 2007
Date Disbursed: Aug 4, 2007
Date Funded:Jul 21, 2007

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:United States Dollars (USD)



Jane Kisai is 26 years old and married with four children. She is very active in her community, where she is a member of the Olkenkei Women's Group, the Maasai Young Women's Group and an assistant secretary of a local Gospel Revival church.


She has come to us through the Olkenkei Women's Group for a loan of $375 to buy and nurture two calves for six months. After that time is up, she will sell the calves for a profit, use the proceeds to repay their loan in one lump sum, and devote the balance of the money they earn to community improvement projects.


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Lenders to this entrepreneur

Kiva Fund. Group,S/L
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Ron and Barb
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III AD
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Erik
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joe
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Captain Scott and Family
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Good Dogg
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Rick & Pat
Kiowa, CO
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curt
seattle, WA
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Anonymous
s. dartmouth, MA
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Daniel
Charlottesville, VA
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Eileen
Spring City, PA
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Nancy
Hamden, CT
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Journal entries for Jane Kisai


Loan has been disbursed
 
Entrepreneur: Jane Kisai
Location: Kisamis, Kenya

Thank you for your loan. It has been disbursed to Jane Kisai by Women`s Economic Empowerment Consort in Kenya. We are excited to watch this business grow. Over the next 6 - 12 months, Women`s Economic Empowerment Consort will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kisamis, Kenya
Aug 5, 2007
Comment on this entry

WEEC loan default
 
Entrepreneur: Jane Kisai
Location: Kisamis, Kenya

Kiva recently notified you that your loan to the business or businesses above will not be repaid in full and is now considered defaulted. As a reminder, any amount of this loan that has been collected by Kiva is available to you as Kiva Credit. You can re-lend this Kiva Credit to another business, withdraw it or donate to Kiva on our website: www.kiva.org.

Reason for default:

All entrepreneur profiles on Kiva’s website are posted by local Field Partners. This particular business was posted by our Kenyan Field Partner, the Women’s Economic Empowerment Consort (WEEC).

WEEC is currently experiencing significant operational difficulties that have caused all active WEEC loans to default. It is important to note that in many cases the entrepreneur repaid the loan to WEEC in full and did benefit from your loan. However, WEEC has experienced operational problems caused by a number of factors, including the unexpected death of WEEC’s founder and Executive Director, poor management of funds, and economic and political unrest in Kenya. Together, these factors produced a situation where Kiva is unable to get a 100% clear account of your specific loan and recover your full loan amount from WEEC.

To learn more, please visit:

www.kiva.org/about/aboutPartner?id=6

We hope you realize that this outcome is an exception to the norm when lending at Kiva and that you’ll give lending another chance. If you have any questions, please let us know and thanks again for your ongoing support.

Sincerely,

Shelby Clark

Kiva Staff


Posted by Shelby Clark from Kisamis, Kenya
Jun 5, 2008
Comments (82)

Kiva Help Repayment Schedule for Jane Kisai

  Expected Repayments Actual Repayments Comments
November 2007 $62.50 $0.00 Delinquent
December 2007 $62.50 $0.00 Delinquent
January 2008 $62.50 $0.00 Delinquent
February 2008 $62.50 $0.00 Delinquent
March 2008 $62.50 $0.00 Delinquent
April 2008 $62.50 $0.00 Delinquent