Lucia Mutheu Mainga


Status: Paying Back

$275.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Lucia Mutheu Mainga
Location: Kitengela, Kenya
Activity: Beauty Salon

About the Loan

Loan Amount: $275.00
Loan Use: To purchase an additional blow dryer and to add cosmetics and other beauty products to the offering
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 25, 2009
Date Disbursed: Oct 19, 2009
Date Funded:Oct 25, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:75.0500 KES = 1 USD



Lucia Mutheu Mainga has run her beauty and barber shop for three years in a rural market area that is rapidly developing. She offers hair treatments, plaiting, blow drying, hair shaving, as well as manicures. The salon caters to men, women and children who visit the market. She has one employee, and the business is challenged by power rationing and water shortages. She is using the proceeds from this loan for an additional blow dryer and to add cosmetics and other beauty products to her line-up. She would ultimately like to own her own plot and salon building, as well as expand her offering. Lucia describes herself as hardworking, determined, and patient, and she is caring and loving to her family. Her husband works at Kenya Railways, and they have four children from age four to ten years old.

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Journal entries for Lucia Mutheu Mainga


Loan has been disbursed
 
Entrepreneur: Lucia Mutheu Mainga
Location: Kitengela, Kenya

Thank you for your loan. It has been disbursed to Lucia Mutheu Mainga by Small and Micro Enterprise Programme (SMEP) in Kenya. We are excited to watch this business grow. Over the 6 months of this loan, Small and Micro Enterprise Programme (SMEP) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kitengela, Kenya
Oct 26, 2009
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Kiva Help Repayment Schedule for Lucia Mutheu Mainga

  Expected Repayments Actual Repayments Comments
January 2010 $52.88 Available Jan 1  
February 2010 $42.31 Available Feb 1  
March 2010 $42.31 Available Mar 1  
April 2010 $42.31 Available Apr 1  
May 2010 $52.88 Available May 1  
June 2010 $42.31 Available Jun 1