Patricia Karori
Status: Paid Back
| $750.00 | Loan Request | |
|---|---|---|
| $750.00 | Paid Back |
About the Entrepreneur
| Name: | Patricia Karori |
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| Location: | Olturoto, Kajiado District, Kenya |
| Activity: | Cattle |
About the Loan
| Loan Amount: | $750.00 |
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| Loan Use: | They plan to improve the type of feeds to counter natural disasters. Therefore, this loan will enable them to buy the improved feeds and buy more steers. |
| Repayment Term: | 12 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Jun 15, 2006 |
| Date Disbursed: | Apr 13, 2005 |
| Date Funded: | Mar 30, 2005 |
| Loan Ended: | May 2, 2007 |
About the Field Partner
About the Field Partner
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| Field Partner: | Women`s Economic Empowerment Consort (WEEC) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Closed |
| Time On Kiva: | 44 months |
| Kiva Entrepreneurs: | 1147 |
| Total Loans: | $472,185 |
| Delinquency Rate: | N/A - No Paying Back Loans |
| Default Rate: | 38.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Kenya |
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| Avg Annual Income: | $1,445.00 |
| Currency: | United States Dollars (USD) |
This business is a member of Naretoi Women Group. Group lending, also
known as solidarity lending, is a mechanism that allows a number of
individuals to provide collateral or guarantee a loan through a group
repayment pledge. The incentive to repay is based on peer pressure; if
one person in the group defaults, the other group members make up the
payment amount. - Kiva Staff
Patricia is an active member of Naretoi Women Group. She is married with 3 children.
Patricia received her first loan from WEEC of USD.300 in 2001. She bought two steers and started her business of making handicraft at home, selling them in Isinya. She then received a loan of USD.600 and bought 4 more steers. To date, she has over 20 steers. She able to pay her children school fees and meet all family requirements. The demand for steers is very high because this area was hit by prolonged drought which forced some cattle keepers to relocate.
known as solidarity lending, is a mechanism that allows a number of
individuals to provide collateral or guarantee a loan through a group
repayment pledge. The incentive to repay is based on peer pressure; if
one person in the group defaults, the other group members make up the
payment amount. - Kiva Staff
Patricia is an active member of Naretoi Women Group. She is married with 3 children.
Patricia received her first loan from WEEC of USD.300 in 2001. She bought two steers and started her business of making handicraft at home, selling them in Isinya. She then received a loan of USD.600 and bought 4 more steers. To date, she has over 20 steers. She able to pay her children school fees and meet all family requirements. The demand for steers is very high because this area was hit by prolonged drought which forced some cattle keepers to relocate.
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Journal entries for Patricia Karori
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Business Progress update
Location: Olturoto, Kajiado District, Kenya
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Posted by
Herbert musinguzi from Olturoto, Kajiado District, Kenya
May 13, 2006 |
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Repayment Schedule for Patricia Karori
Repayment Schedule for Patricia Karori
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2006 | $0.00 | $62.00 | |||
| October 2006 | $0.00 | $245.00 | |||
| November 2006 | $0.00 | $58.00 | |||
| December 2006 | $0.00 | $58.00 | |||
| January 2007 | $0.00 | $58.00 | |||
| February 2007 | $0.00 | $44.00 | |||
| April 2007 | $0.00 | $42.00 | |||
| May 2007 | $0.00 | $63.00 | |||
| July 2007 | $0.00 | $120.00 | |||
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