Beth Wangoi
Status: Paying Back
| $550.00 | Loan Amount |
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0% repaid
About the Entrepreneur
| Name: | Beth Wangoi |
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| Location: | Nairobi, Kenya |
| Activity: | Food Production/Sales |
About the Loan
| Loan Amount: | $550.00 |
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| Loan Use: | To buy food and a hand cart for her kiosk. |
| Repayment Term: | 21 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 23, 2009 |
| Date Disbursed: | Oct 16, 2009 |
| Date Funded: | Oct 23, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Faulu Kenya |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 4 months |
| Kiva Entrepreneurs: | 283 |
| Total Loans: | $126,550 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Kenya |
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| Avg Annual Income: | $1,445.00 |
| Currency: | Kenya Shillings (KES) |
| Exchange Rate: | 75.3000 KES = 1 USD |
Beth is a 50 year-old widow with five children. She has run a food kiosk in the Mathare slums of Nairobi for 18 years and previously had a grocery store. She is requesting a loan of 40,000 Kenyan shillings to buy more food and a mkokoteni (hand cart).
She says that she has been able to educate her children because loans from Faulu have allowed her to expand her business. She hopes to one day buy land and a pickup truck for the business and make a better life for her family away from the slums. She describes herself as hopeful and a very hardworking and visionary client.
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.
She says that she has been able to educate her children because loans from Faulu have allowed her to expand her business. She hopes to one day buy land and a pickup truck for the business and make a better life for her family away from the slums. She describes herself as hopeful and a very hardworking and visionary client.
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 Beth Wangoi
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Loan has been disbursed
Location: Nairobi, Kenya
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Posted by
from Nairobi, Kenya
Oct 24, 2009 |
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Comment on this entry
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Repayment Schedule for Beth Wangoi
Repayment Schedule for Beth Wangoi
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $14.10 | Available Jan 1 | |||
| February 2010 | $28.21 | Available Feb 1 | |||
| March 2010 | $35.25 | Available Mar 1 | |||
| April 2010 | $28.21 | Available Apr 1 | |||
| May 2010 | $28.20 | Available May 1 | |||
| June 2010 | $35.26 | Available Jun 1 | |||
| July 2010 | $28.21 | Available Jul 1 | |||
| August 2010 | $28.20 | Available Aug 1 | |||
| September 2010 | $35.26 | Available Sep 1 | |||
| October 2010 | $28.20 | Available Oct 1 | |||
| November 2010 | $28.21 | Available Nov 1 | |||
| December 2010 | $35.25 | Available Dec 1 | |||
| January 2011 | $28.21 | Available Jan 1 | |||
| February 2011 | $35.26 | Available Feb 1 | |||
| March 2011 | $28.20 | Available Mar 1 | |||
| April 2011 | $28.21 | Available Apr 1 | |||
| May 2011 | $28.20 | Available May 1 | |||
| June 2011 | $35.26 | Available Jun 1 | |||
| July 2011 | $14.10 | Available Jul 1 | |||
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