Ruth Oduor
Status: Paying Back
| $950.00 | Loan Amount |
|---|
About the Entrepreneur
| Name: | Ruth Oduor |
|---|---|
| Location: | Jogoo Road, Kenya |
| Activity: | Knitting |
About the Loan
| Loan Amount: | $950.00 |
|---|---|
| Loan Use: | To purchase a knitting machine and yarn |
| Repayment Term: | 15 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Nov 6, 2009 |
| Date Disbursed: | Nov 5, 2009 |
| Date Funded: | Nov 6, 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: | 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 |
|---|---|
| Avg Annual Income: | $1,445.00 |
| Currency: | Kenya Shillings (KES) |
| Exchange Rate: | 75.1499 KES = 1 USD |
This is Ruth’s second loan and she says her first loan of 30,000 KES helped her business a lot. Her hope for the future is to have a big business that creates employment for others and to be able to leave an inheritance for her children.
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 Ruth Oduor
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Loan has been disbursed
Location: Jogoo Road, Kenya
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Posted by
from Jogoo Road, Kenya
Nov 7, 2009 |
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Comment on this entry
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Repayment Schedule for Ruth Oduor
Repayment Schedule for Ruth Oduor
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| February 2010 | $73.08 | Available Feb 1 | |||
| March 2010 | $73.07 | Available Mar 1 | |||
| April 2010 | $73.08 | Available Apr 1 | |||
| May 2010 | $73.08 | Available May 1 | |||
| June 2010 | $91.34 | Available Jun 1 | |||
| July 2010 | $73.08 | Available Jul 1 | |||
| August 2010 | $73.08 | Available Aug 1 | |||
| September 2010 | $91.34 | Available Sep 1 | |||
| October 2010 | $73.08 | Available Oct 1 | |||
| November 2010 | $91.34 | Available Nov 1 | |||
| December 2010 | $73.08 | Available Dec 1 | |||
| January 2011 | $73.08 | Available Jan 1 | |||
| February 2011 | $18.27 | Available Feb 1 | |||
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