Pauline Ngigi


Status: Paying Back

$400.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Pauline Ngigi
Location: Nairobi, Kenya
Activity: Clothing Sales

About the Loan

Loan Amount: $400.00
Loan Use: To add to her stock of clothes
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 3, 2009
Date Disbursed: Oct 30, 2009
Date Funded:Nov 4, 2009

About the Country

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



Pauline is 29 years old and the single mother of an eleven-year-old daughter called Margaret.

For the past four years, Pauline has sold clothes to neighbours, friends, colleagues, and newcomers. She previously worked for a domestic service. She is requesting her second loan for Kes 30,000 to increase her stock.

Pauline says that, since she became a member of Faulu, she has managed to pay her child’s school fees and improve her standard of living. In the future, she also hopes to further her own education and own a home. Pauline also provides counseling in her community and describes herself as having a passion for empowering the underprivileged in society.


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

Peg
Brookhaven, PA
United States

Alistair
London, London
United Kingdom

Chris
Northfield, MA
United States

Rebecca
Louisville, KY
United States

Jeffrey
Shanghai, Shanghai
China

Mandy S
arlington, VA
United States

Michael
Edina, MN
United States

curt
seattle, WA
United States

Eva
Budapest,
Hungary

judy
Newtown, PA
United States

AndreasE
North Yorkshire
United Kingdom



Top Lending Teams for this entrepreneur


University of Massachusetts Amherst
Colleges/Universities
18 Members

Journal entries for Pauline Ngigi


Loan has been disbursed
 
Entrepreneur: Pauline Ngigi
Location: Nairobi, Kenya

Thank you for your loan. It has been disbursed to Pauline Ngigi 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 Nairobi, Kenya
Nov 5, 2009
Comment on this entry

Kiva Help Repayment Schedule for Pauline Ngigi

  Expected Repayments Actual Repayments Comments
February 2010 $30.77 Available Feb 1  
March 2010 $38.46 Available Mar 1  
April 2010 $30.77 Available Apr 1  
May 2010 $30.77 Available May 1  
June 2010 $38.46 Available Jun 1  
July 2010 $30.77 Available Jul 1  
August 2010 $30.77 Available Aug 1  
September 2010 $38.46 Available Sep 1  
October 2010 $30.77 Available Oct 1  
November 2010 $30.77 Available Nov 1  
December 2010 $38.46 Available Dec 1  
January 2011 $30.77 Available Jan 1