Keteo Sokoipei Mesa


Status: Ended with Loss - Defaulted

$450.00   Loan Request
$360.00   Paid Back

About the Entrepreneur

Name: Keteo Sokoipei Mesa
Location: Isinya, Kenya
Activity: Cattle

About the Loan

Loan Amount: $450.00
Loan Use: Keteo wants to buy 4 four steers
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Dec 1, 2006
Date Disbursed: Dec 15, 2006
Date Funded:Dec 1, 2006

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:United States Dollars (USD)



Keteo is a window with 5 children, 2 children are married and others are in high school. She is the treasurer of Ewanganya Women Group. She is a religious person and has been a ring leader in many women organizations in her community. She has been against Female Genital Mutilation in her community and has empowered many girls to enroll in school. She gets her income from steers which she has been rearing for 2 years. They have helped her to pay fees for her daughters who are in high school. She wants to sell the stock she has, top up with the loan and buy 10 young steers. She believes in hard work and feels she hasn’t yet achieved all her life goals. She is willing to repay the loan win installments.


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Journal entries for Keteo Sokoipei Mesa


Loan has been disbursed
 
Entrepreneur: Keteo Sokoipei Mesa
Location: Isinya, Kenya

Thank you for your loan. It has been disbursed to Keteo Sokoipei Mesa by Women`s Economic Empowerment Consort in Kenya. We are excited to watch this business grow. Over the next 10 - 18 months, Women`s Economic Empowerment Consort will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Miriam Maina from Isinya, Kenya
Jan 1, 2007
Comments (3)

WEEC loan default
 
Entrepreneur: Keteo Sokoipei Mesa
Location: Isinya, Kenya

Kiva recently notified you that your loan to the business or businesses above will not be repaid in full and is now considered defaulted. As a reminder, any amount of this loan that has been collected by Kiva is available to you as Kiva Credit. You can re-lend this Kiva Credit to another business, withdraw it or donate to Kiva on our website: www.kiva.org.

Reason for default:

All entrepreneur profiles on Kiva’s website are posted by local Field Partners. This particular business was posted by our Kenyan Field Partner, the Women’s Economic Empowerment Consort (WEEC).

WEEC is currently experiencing significant operational difficulties that have caused all active WEEC loans to default. It is important to note that in many cases the entrepreneur repaid the loan to WEEC in full and did benefit from your loan. However, WEEC has experienced operational problems caused by a number of factors, including the unexpected death of WEEC’s founder and Executive Director, poor management of funds, and economic and political unrest in Kenya. Together, these factors produced a situation where Kiva is unable to get a 100% clear account of your specific loan and recover your full loan amount from WEEC.

To learn more, please visit:

www.kiva.org/about/aboutPartner?id=6

We hope you realize that this outcome is an exception to the norm when lending at Kiva and that you’ll give lending another chance. If you have any questions, please let us know and thanks again for your ongoing support.

Sincerely,

Shelby Clark

Kiva Staff


Posted by Shelby Clark from Isinya, Kenya
Jun 5, 2008
Comments (82)

Kiva Help Repayment Schedule for Keteo Sokoipei Mesa

  Expected Repayments Actual Repayments Comments
March 2007 $45.00 $0.00 Repayment Received
April 2007 $45.00 $45.00 Repayment Received
May 2007 $45.00 $45.00 Repayment Received
June 2007 $45.00 $0.00 Repayment Received
July 2007 $45.00 $90.00 Repayment Received
August 2007 $45.00 $45.00 Repayment Received
September 2007 $45.00 $45.00 Repayment Received
October 2007 $45.00 $45.00 Repayment Received
November 2007 $45.00 $45.00 Delinquent
December 2007 $45.00 $0.00 Delinquent