Susan Peter


Status: Paying Back

$550.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Susan Peter
Location: Kiambu, Kenya
Activity: Goods Distribution

About the Loan

Loan Amount: $550.00
Loan Use: To add to her stock of wedding items
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 3, 2009
Date Disbursed: Oct 29, 2009
Date Funded:Nov 3, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:75.5000 KES = 1 USD



Susan is 52 years old and married with four children, two of whom are still in school. She operates Wajudys Wedding Gifts shop, selling utensils like sufurias (pots) and kettles, and beauty products like earrings, necklaces and flowers in wholesale. Her shop is located in Githiga Shopping Centre in Kiambu and she says it is unique because there are no other shops there like it. She has run her shop for six years and also earns extra income as a dairy farmer.

Susan is requesting a loan of Kes 40,000 to add stock, especially jewelry, because December is wedding season in Kenya.

Susan describes herself as a very hardworking lady who is focussed and works with a lot of seriousness. In the future, she hopes to expand both her businesses by partnering with Faulu, which she says she knows is a daraja (bridge) to making her dream come true.


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.

Subscribe

Lenders to this entrepreneur

Liz
San Francisco, CA
United States

Edward
DeKalb, IL
United States

Anonymous
Markham, Ontario
Canada

Annemieke
Goirle,
Netherlands

Shawn
Grande Prairie, AB
Canada

Paul
Los Angeles, CA
United States

Jeffery
wilmington, NC
United States

Kristofer
Linköping,
Sweden

Lucy
Santa Fe, NM
United States

Susana
Porto,
Portugal

Luke
Pittsburgh, PA
United States

Uyen
San Francisco, CA
United States

Kevin and Serena
Medicine Hat, Alberta
Canada

Michael
Wyomissing, PA
United States

Kelsey
Monterey, CA
United States



Top Lending Teams for this entrepreneur


Bubblan
Friends
15 Members

Tempo de Viajar
Common Interest
10 Members

Journal entries for Susan Peter


Loan has been disbursed
 
Entrepreneur: Susan Peter
Location: Kiambu, Kenya

Thank you for your loan. It has been disbursed to Susan Peter 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 Kiambu, Kenya
Nov 4, 2009
Comment on this entry

Kiva Help Repayment Schedule for Susan Peter

  Expected Repayments Actual Repayments Comments
February 2010 $52.88 Available Feb 1  
March 2010 $42.31 Available Mar 1  
April 2010 $42.31 Available Apr 1  
May 2010 $42.31 Available May 1  
June 2010 $52.88 Available Jun 1  
July 2010 $42.31 Available Jul 1  
August 2010 $42.31 Available Aug 1  
September 2010 $52.88 Available Sep 1  
October 2010 $42.31 Available Oct 1  
November 2010 $52.88 Available Nov 1  
December 2010 $42.31 Available Dec 1  
January 2011 $42.31 Available Jan 1