Stephen Ondara
Status: Paying Back
| $675.00 | Loan Amount |
|---|
0% repaid
About the Entrepreneur
| Name: | Stephen Ondara |
|---|---|
| Location: | Mukuru Nairobi, Kenya |
| Activity: | Fuel/Firewood |
About the Loan
| Loan Amount: | $675.00 |
|---|---|
| Loan Use: | Add to stock of kerosene |
| Repayment Term: | 15 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 20, 2009 |
| Date Disbursed: | Oct 6, 2009 |
| Date Funded: | Oct 20, 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: | 275 |
| Total Loans: | $123,125 |
| 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: | 75.2000 KES = 1 USD |
Stephen is a 31 year old father of two. He supplies electricity to the residents of the Kayaba part of the Mukuru slums and also sells kerosene. He has been in this business for five years and hopes to own Matatus (public service vehicles) in the next ten years. He is requesting a loan of Kes. 50,000 to add to his stock of kerosene. He describes himself as social and jovial.
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 Stephen Ondara
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Loan has been disbursed
Location: Mukuru Nairobi, Kenya
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Posted by
from Mukuru Nairobi, Kenya
Oct 21, 2009 |
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Comment on this entry
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Repayment Schedule for Stephen Ondara
Repayment Schedule for Stephen Ondara
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $38.94 | 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 | $64.90 | Available Oct 1 | |||
| November 2010 | $51.93 | Available Nov 1 | |||
| December 2010 | $51.92 | Available Dec 1 | |||
| January 2011 | $12.98 | Available Jan 1 | |||
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