Nancy M'kea
Status: Paying Back
| $275.00 | Loan Amount |
|---|
About the Entrepreneur
| Name: | Nancy M'kea |
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| Location: | Muthurwa Market Nairobi, Kenya |
| Activity: | Used Clothing |
About the Loan
| Loan Amount: | $275.00 |
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| Loan Use: | To increase inventory |
| Repayment Term: | 15 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Nov 14, 2009 |
| Date Disbursed: | Nov 11, 2009 |
| Date Funded: | Nov 14, 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: | 274 |
| Total Loans: | $122,850 |
| 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: | 74.3000 KES = 1 USD |
Nancy says that Faulu has given her economic empowerment and, in the future, she would like to be the managing director of her own company.
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 Nancy M'kea
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Loan to Nancy M'kea in Kenya has been 100% funded
Location: Muthurwa Market Nairobi, Kenya
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Posted by
from Muthurwa Market Nairobi, Kenya
Nov 14, 2009 |
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Comment on this entry
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Repayment Schedule for Nancy M'kea
Repayment Schedule for Nancy M'kea
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| February 2010 | $15.87 | Available Feb 1 | |||
| March 2010 | $21.15 | Available Mar 1 | |||
| April 2010 | $21.15 | Available Apr 1 | |||
| May 2010 | $26.45 | Available May 1 | |||
| June 2010 | $21.15 | Available Jun 1 | |||
| July 2010 | $21.15 | Available Jul 1 | |||
| August 2010 | $26.45 | Available Aug 1 | |||
| September 2010 | $21.15 | Available Sep 1 | |||
| October 2010 | $21.16 | Available Oct 1 | |||
| November 2010 | $26.44 | Available Nov 1 | |||
| December 2010 | $21.15 | Available Dec 1 | |||
| January 2011 | $21.16 | Available Jan 1 | |||
| February 2011 | $10.57 | Available Feb 1 | |||
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