Josephat Lihanda

Status: Paid Back

$725.00		Loan Request
$725.00		Paid Back

About the Entrepreneur

Name:	Josephat Lihanda
Location:	Malaba – Kamuriai Location, Teso - Kenya, Kenya
Activity:	Home Products Sales

About the Loan

Loan Amount:	$725.00
Loan Use:	To buy Timber
Repayment Term:	8 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	Dec 14, 2006
Date Disbursed:	Dec 29, 2006
Date Funded:	Dec 15, 2006
Loan Ended:	Jun 29, 2007

About the Field Partner

Field Partner:

People Microcredit Investment Bureau (PEMCI)

Field Partner Risk Rating:

(Learn more)

Closed

35 months

345

$111,550

N/A - No Paying Back Loans

Default Rate:

22.74%

Currency Exchange Loss Rate:

0.00%

About the Country

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

Mr. Lihanda is married with three children. His first son was recently admitted to college, which has strained his business. He first came to us with a request of a $429 loan to enable him purchase a new power saw for his business. He successfully repaid the loan and requested for a 2nd loan of $725 With tis loan, he intends to buy more timber plus other items that he requires in his furniture business. He is a well-respected person in the community known for his honesty and hard work. He is employing 4 other persons in his business, which is contributing to employment and general well-being of the community.

Lenders to this entrepreneur

Harry
Napa, CA
United States

Kendall
Tooele, UT
United States

GoodWire.org
Shawnigan Lake, British Columbia
Canada

Emerson House
Washington, DC
United States

Anonymous
Los Angeles, CA
United States

Mike/Matthew
Saline, MI
United States

Birgit
Karlsruhe,

Shawn
Fort Smith, AR
United States

Aaron
washington, DC
United States

Michael, Meagan, Noah
Waukesha, WI
United States

Tuan
Houston, TX
United States

Paul
Sacramento, CA
United States

Fritzi
Tucson, AZ
United States

Jeremy
San Rafael, CA
United States

Bob & Ginny
OLGA, WA
United States

karin
potomac, MD
United States

Journal entries for Josephat Lihanda

Loan has been disbursed Entrepreneur: Josephat Lihanda Location: Malaba – Kamuriai Location, Teso - Kenya, Kenya Thank you for your loan. It has been disbursed to Josephat Lihanda by People Microcredit Investment Bureau in Kenya. We are excited to watch this business grow. Over the next 6 - 12 months, People Microcredit Investment Bureau will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Malaba – Kamuriai Location, Teso - Kenya, Kenya Dec 29, 2006
Comment on this entry

Full Payment of Loan Entrepreneur: Josephat Lihanda Location: Malaba – Kamuriai Location, Teso - Kenya, Kenya Mr Lihanda is in his second cycle of loan with Pemci. We are happy to report that he has since cleared the entire loan balance from the sale of his timber. He has now applied for a third loan with us of US$1200 to enable him procure additional stock for furniture making. We are very happy with the conduct of his account and we highly recommend him for additional support. The new business has been posted.
Posted by Margaret Karuri from Malaba – Kamuriai Location, Teso - Kenya, Kenya Mar 5, 2007
Comment on this entry

Repayment Schedule for Josephat Lihanda

Show Advanced

	Expected Repayments	Actual Repayments	Comments
March 2007	$120.83	$121.00	Repayment Received
April 2007	$120.83	$0.00	Repayment Received
May 2007	$120.83	$121.00	Repayment Received
June 2007	$120.83	$242.00	Repayment Received
July 2007	$120.83	$121.00	Repayment Received
August 2007	$120.85	$120.00	Repayment Received