Vichanira Khanda


Status: Paying Back

$150.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Vichanira Khanda
Location: Mathare Slums, Kenya
Activity: Food Production/Sales

About the Loan

Loan Amount: $150.00
Loan Use: To increase her stock of food items
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 7, 2009
Date Disbursed: Nov 5, 2009
Date Funded:Nov 7, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:74.8750 KES = 1 USD



Vichanira is 40 years old and married with a 14-year-old son named Kevin. She sells snacks like groundnuts (peanuts), sim sim (sesame seeds), and mandazi (similar to a doughnut). She has been in business for six years and is now requesting a loan for Kes 10,000 to increase her stock of food items.

Vichanira describes herself as a hardworking and determined person who doesn't give up easily. She hopes to expand her business and supply other shops so that she can cater to her family's needs and supplement her husband's income.


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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Lenders to this entrepreneur

sandra
HOLLYWOOD, FL
United States

johanna
sacramento, CA
United States

Christopher
Las Vegas, NV
United States

The Lois and Olivia Fund
Vancouver, British Columbia
Canada

Paul
Rancho Cucamonga, CA
United States



Top Lending Teams for this entrepreneur


The Lois & Olivia Fund
Other
1 Member

Journal entries for Vichanira Khanda


Loan has been disbursed
 
Entrepreneur: Vichanira Khanda
Location: Mathare Slums, Kenya

Thank you for your loan. It has been disbursed to Vichanira Khanda 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 Mathare Slums, Kenya
Nov 8, 2009
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Kiva Help Repayment Schedule for Vichanira Khanda

  Expected Repayments Actual Repayments Comments
February 2010 $11.54 Available Feb 1  
March 2010 $11.54 Available Mar 1  
April 2010 $11.54 Available Apr 1  
May 2010 $11.53 Available May 1  
June 2010 $14.43 Available Jun 1  
July 2010 $11.54 Available Jul 1  
August 2010 $11.53 Available Aug 1  
September 2010 $14.43 Available Sep 1  
October 2010 $11.54 Available Oct 1  
November 2010 $14.42 Available Nov 1  
December 2010 $11.54 Available Dec 1  
January 2011 $11.54 Available Jan 1  
February 2011 $2.88 Available Feb 1