Violet Oginga
Status: Paying Back
| $675.00 | Loan Amount |
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0% repaid
About the Entrepreneur
| Name: | Violet Oginga |
|---|---|
| Location: | Nairobi, Kenya |
| Activity: | Embroidery |
About the Loan
| Loan Amount: | $675.00 |
|---|---|
| Loan Use: | To buy Janome and Singer machines. |
| Repayment Term: | 15 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Nov 7, 2009 |
| Date Disbursed: | Oct 29, 2009 |
| Date Funded: | Nov 7, 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 |
|---|---|
| Avg Annual Income: | $1,445.00 |
| Currency: | Kenya Shillings (KES) |
| Exchange Rate: | 74.8750 KES = 1 USD |
Violet is 40 years old and married with four children. She has run an embroidery business in Nairobi for two years, creating tablecloths, and ladies clothes. She describes her business as stable and having a pleasant environment. She is requesting a loan for KES 50,000 to buy a Janome machine and a Singer machine. In the future, she hopes to also purchase a printer and to build a rental home, as she expands her business.
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.
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 Violet Oginga
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Loan has been disbursed
Location: Nairobi, Kenya
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Posted by
from Nairobi, Kenya
Nov 8, 2009 |
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Comment on this entry
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Repayment Schedule for Violet Oginga
Repayment Schedule for Violet Oginga
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| February 2010 | $64.90 | Available Feb 1 | |||
| March 2010 | $51.93 | Available Mar 1 | |||
| April 2010 | $51.92 | Available Apr 1 | |||
| May 2010 | $51.92 | Available May 1 | |||
| June 2010 | $64.91 | Available Jun 1 | |||
| July 2010 | $51.92 | Available Jul 1 | |||
| August 2010 | $51.92 | Available Aug 1 | |||
| September 2010 | $64.91 | Available Sep 1 | |||
| October 2010 | $51.92 | Available Oct 1 | |||
| November 2010 | $64.90 | Available Nov 1 | |||
| December 2010 | $51.93 | Available Dec 1 | |||
| January 2011 | $51.92 | Available Jan 1 | |||
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